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Politics : Libertarian Discussion Forum -- Ignore unavailable to you. Want to Upgrade?

To: Mama Bear who wrote (4016)	8/13/2000 5:41:44 PM
From: Don Lloyd	Read Replies (1) \| Respond to of 13060

Barb - [...The market will bear what the market will bear, and I don't think a prudent business ever charges a penny less....] The price charged is limited on the upside by two things. First, while a business can charge any price it wants, it can't normally force anyone to pay that price. Even a complete monopoly seller serves its own interest by increasing total demand by reducing the price to the point where total revenue no longer increases, and starts to turn down, i.e. the point where the price elasticity of demand falls to unity. Secondly, in a truly free market, there are no legal barriers to entry thrown up by the government, or illegal ones permitted by the government. Thus, to maintain its market position, a business must price so as to limit the ROI of any potential competitor to an unattractive level. Regards, Don

To: Mama Bear who wrote (4016)	8/15/2000 1:03:37 PM
From: Don Lloyd	Read Replies (2) \| Respond to of 13060

Barb - Rasmussen Research U.S. Senate Poll results for Massachusetts, 8/11/00: Ted Kennedy 63% Carla Howell 16% Unsure 21% In their lead political story, Rasmussen Research writes: "Senator Ted Kennedy is leading Libertarian candidate Carla Howell 63% to 16% in the Massachusetts race for the U.S. Senate. While Kennedy holds a solid lead, Howell could be in a position to achieve one of the largest vote totals ever achieved by a Libertarian candidate." The stunning news for Carla Howell, says Rasmussen Research: "74% of Massachusetts voters have never heard of Howell or have no opinion of her." "Out of the 26% of the voters who have heard of Carla Howell, 62% are voting for her," noted one political pundit. Regards, Don