Really? Ok give EVEN ONE SINGLE example where someone drove someone else out of business when they were production constrained. According to you they were selling out every item as fast as they could make them and still chose to cut prices?
‘You’re missing the whole point. When you are present and near future production constrained, cutting prices does not increase sales. It does not hurt your competition.
If it’s so simple, you must have lots of examples where they were production constrained completely selling out, ramping production as fast as possible and still cut prices. Correct?
First car makers and horse drawn vehicle makers? Production was probably constrained (am not sure). That may have been Ford's real prompt. It's always described as cost led but perhaps it was partly a way to solve volume.
Why buy a brand new horse carriage when these new cars will be increasing available and some good quality used horse vehicles will be available from people who upgrade.
Before cars, most horse carriage owners kept used ones themselves until they needed a new one. Buying used wasn't cheap. Buying new was ok as you got years of use. Now with an imminent glut of used ones, new sales of horse carriages will crash.
Same for propeller transport planes Vs jets (faster, quieter), military advances of all kinds (muzzle loaders, sail ships, spitfire/jets, coal/oil), velum/paper, ice/electric vehicles. HMS Dreadnaught quote... can't find but basically everything before was dismissed as pre-dreadnaught.
If you are an ice manufacturer who finances your vehicles whether car, van or truck (semi), your sales will diminish but more importantly your leased out vehicles will be worth less and less. At some point you are better off not making and leasing cars / lorries.
So I think the examples are not well described by history but are there when technology changes. What use was a military muzzleloader after cartridge rifles were introduced?
