Cheaper Quote by Will Rogers
“If the other fellow sells cheaper than you, it is called dumping. 'Course, if you sell cheaper than him, that's mass production.”
About This Quote
Source Speech: Economic Commentary, 1930s
Cheaper rivals are called dumping; cheaper than them is mass production.
In simple terms: Cheaper competition is dumping; undercutting is mass production.
Key Takeaway
Know market pricing strategies.
Themes
economics
competition
pricing
strategy
Mood
analytical
critical
Type
economic
business
When to use this quote
- pricing decisions
- business competition
- production scale
- trade policy
Key Concepts
market dynamics
industrial scale
Questions to Reflect On
- Is dumping always negative?
- When is mass production beneficial?
A Different Perspective
Cheap prices can harm markets.
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