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Anonymous
Why has the market opened up to so many retailers? Wouldn’t this result in consumers experiencing the paradox of choice?
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Paradox of choices? Ironic.
You prefer a small number of choice for ease of choosing?
Accordingly to economics, a huge number of competitors means price will be low. So that means good for us consumers.
You want ease, just ask someone to pick for you a choice.
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Nicholas Tan Yi Da
10 Jul 2019
Engineering Systems and Design at SUTD
True i agree there is just too many companies to choose from,as mkt is already so small and competit...
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I welcome the many retailers as this would mean better prices for consumers:)