take-u-away

when a person invest in doing something, he puts in his time, efforts, etc. Tat's his opportunity cost and his sunk cost. And with tat, he expects a return in equity after a period of time. And when what he got is less than wat he expected (price), i.e. MC > MR. He will back away. But someone still needs to "buy" the efforts, time, love, etc. he had stocked up. So he himself will need to buy from himself. And this will cause him to own more market share of himself.

if this process occurs more time, he will soon become monopoly of himself. Tat means price of his efforts, heart, time, etc increases. Supply of his time, efforts, etc > Demand -> shortage. Price > MC. This causes barrier-to-Entry of his heart. Over time, the market shrinks and become smaller as people turn to other people. substitution effect and income effect sets in.

Faith is the substance of the things hoped for, evidence of the things unseen. so faith creates an empty portion of the heart to be reserved for the things to come. faith is easy if the market is big enough and is sustainable by other things. so faith = savings. It is something to do with the long run.

But for a market with a broken economy, faith doesn't apply very technically. the Keynesian Theorem states that -> "in the long run, we are all dead". The economy still needs to move on, people/heart still needs to eat. For a small market with high barrier-to-entry, he will need to sustain on his own production, which covers a very large percentage of the economy.

foreign companies wanting to set in will need to give a high price, cos the monopoly has increased the price > MC. And the monopoly cannot be totally removed straight away, lest there be no productions and people die of hunger.

Solution?