Two and a Half Men — Massage Competition

Alan needs some extra income and decides to offer massages at the mall. He quickly finds stiff competition and gets into a price war with another masseuse. The price war eventually gets so low that the entrant decides to exit the market.

I Love Lucy — 5 Cent Hamburgers

Price wars aren’t good for business profits, which is why many firms may want to collude. If two goods are close substitutes, prices should be driven down near the marginal cost of production.

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