2min chapter

Think Like An Economist cover image

S E9: Supply - Getting the Best Out of What You Sell

Think Like An Economist

CHAPTER

How Much Coffee Will Simir Supply?

Market forces can help weed out bad managers. Big corporations typically have entire departments that do detailed analytics about their costs and profits at prices. Smaller businesses don't really have the time or the staff for this, but they'll experiment and adjust accordingly. In the extreme, only those managers who follow the rational rule will survive.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode