I was thinking about this today, usually when more people enter your market its a bad thing, prices will often lower so you must differentiate in order to maintain high prices or above average prices.
Why, even when more and more actors, rappers, singers that come on the scene, the prices are not lowering but going even higher for their work, in or out of a recession? It seems in 20, 40 years from now it is the only business i can see never "settling" for less while almost every other business will lower prices due to competition and globalization.
Why, even when more and more actors, rappers, singers that come on the scene, the prices are not lowering but going even higher for their work, in or out of a recession? It seems in 20, 40 years from now it is the only business i can see never "settling" for less while almost every other business will lower prices due to competition and globalization.
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