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Originally Posted by spoonitnow

The same thing that happens now: It gets shut down.

The question is in a market why would a school become unprofitable?

Because its consumers don't value its service as much as the next best option. What arises from that? The next best option.

This is the process of markets. It's how we went from having zero restaurants to having so many that you haven't even been to them all in a given area. It's how we went from clothes being knitted by Grandma to having great variety of choice in aesthetic and cost for clothing. The same can work for schools if we let it.

01-09-2018 11:00 PM #1
spoonitnow View Profile View Forum Posts Private Message View Blog Entries Resident Asshole Join Date Sep 2005 Posts 14,219 Location North Carolina	Originally Posted by BananaStand So what happens if a school becomes unprofitable? The same thing that happens now: It gets shut down.
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01-09-2018 11:31 PM #2
wufwugy View Profile View Forum Posts Private Message View Blog Entries Join Date May 2006 Posts 26,076	Originally Posted by spoonitnow The same thing that happens now: It gets shut down. The question is in a market why would a school become unprofitable? Because its consumers don't value its service as much as the next best option. What arises from that? The next best option. This is the process of markets. It's how we went from having zero restaurants to having so many that you haven't even been to them all in a given area. It's how we went from clothes being knitted by Grandma to having great variety of choice in aesthetic and cost for clothing. The same can work for schools if we let it.

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