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"Cut-throat competition, also known as destructive or ruinous competition, refers to situations when competition results in prices that do not chronically or for extended periods of time cover costs of production, particularly fixed costs. This may arise in secularly declining or "sick" industries with high levels of excess capacity or where frequent cyclical or random demand downturns are experienced."
sources: wikipedia
and my textbook...
What else can I help you with?
Did Napoleon use railroads to invade Russia in 1812?
no, napoleon did not use railroads to incade Russian in 1812
How did the north use the railroads in the 1800s?
The North used railroads for importing goods.
What were railroads use for back in the days?
transportation
What made the growth in the use of railroads possible?
Improvements in iron and steel production
Who invented the first railroads?
No one person invented the railroad as it evolved over hundreds of years. The first railroads did not have locomotives. Richard Trevithick is credited with creating the first successful steam locomotive. George Stephenson is credited with expanding the use of railroads from being a part of a mining operation to the first passenger railroads.
What methods did railroad compaines use to limit competioon?
Railroad companies used a range of methods to limit competition. One common tactic was the establishment of exclusive agreements with shipping and manufacturing companies, tying them to their rail services. Railroads also engaged in predatory pricing, undercutting competitors' rates to drive them out of business. Additionally, they formed trusts and cartels to control prices and divide up territories, preventing new companies from entering the market.
What strategies can be employed to maximize profits and dominate the competition by strategically investing in railroads in Monopoly?
To maximize profits and dominate the competition in Monopoly by investing in railroads, players can employ the following strategies: Acquire all four railroads to increase rental income. Develop a monopoly on railroads to control transportation options for opponents. Upgrade railroads with houses or hotels to increase rent. Use railroads strategically to block opponents from completing property sets. Negotiate trades with opponents to acquire railroads and strengthen your position. By implementing these strategies, players can increase their profits and gain a competitive advantage in the game.
What methods did ruthless business operators use to elimenate their competition?
They would try to create a monopoly by trying to buy out their competiters
Did Napoleon use railroads to invade Russia in 1812?
no, napoleon did not use railroads to incade Russian in 1812
How did the north use the railroads in the 1800s?
The North used railroads for importing goods.
How was growth in the use of railroads made possible?
The growth in the use of railroads was made possible because of cattle shipments. The Industrial Revolution was also a major factor in building more railroads.
What is social Darwinism and how did business leaders use this theory to limit competition?
Social Darwinism is the application of Darwin's theory of natural selection to human societies. Business leaders used this theory to justify monopolistic practices by arguing that only the strongest businesses should survive, leading to the belief that competition was a natural process that should not be interfered with by government regulations. By promoting the idea that competition was a struggle for survival, they sought to limit competition and consolidate their power in the marketplace.
Do the police ever use railroads for police duties?
Not, usually most of the time the railroads have their own police.
What were railroads use for back in the days?
transportation
After 1860 what methods did railroads and monopolies use to gain valuable land?
Acres of land were given to rail roads. The valuable lands were oil, lumber, and metal. People struggled for these resources so the legislatures were bribed.
Describe the conclusions reached by connell and Paine about how competition affects ecosystems?
Part of a fundamental niche that a species occupies may only occupy a part because it divides up resources with potential competitors. Competition can limit how species use resources. -ThatTechnoKid :)
How did railroad time work in the 1860's?
US railroad time was by individual railroads and typically very different from location to location, and railroad to railroad. This caused many collisions - and arguments over right-of-way were common (they typically ran by a timetable schedule based on time). This resulted in the railroads adopting "Standard Time" in 1883 so that all railroads could use the same time. Railroads had master clocks that received a telegraph signal to synchronize the proper time. This Standard Time that was developed is what is in use today in the US, although the methods for synchronizing clocks had much upgraded technology.
