after much studying of econs.
i realise this subj portrays to me a sadistic reality.

predatory pricing: where existing firms will sell below new entrants' cost until the new entrant go bankrupt.

price discrimintion happens so that producers can take away as much consumers' surplus as possible.

firms collude to eliminate other firms.

we ignorant consumers are so often cheated because we don't know better.
haha... producers are just vacumn cleaners out to suck a fortune outta us.
the world so pathetic
and this jct helps me see that
thru the preparation for econs paper.