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Reil [10]
1 year ago
8

For a product that has a large economic value, a firm can choose to charge the same price as competitors in order to ______. Mul

tiple choice question. increase return on invested capital maximize profit gain market share cover opportunity costs
Business
1 answer:
kirill [66]1 year ago
5 0

In order to <u>gain market share</u><u>,</u> some a firm whose product that has a large economic value do decides to charge the same price as competitors.

<h3>What is a market share?</h3>

A market share refers to an industry percentage that is earned by a particular company over a specified time

In conclusion, some firm whose product that has a large economic value charges the same price as competitors In order to gain market share.

Read more about market share

<em>brainly.com/question/25309906</em>

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3 years ago
Service, repair work, and accessories may be important considerations in a consumer's decision to purchase a particular shopping
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True (1)

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6 0
2 years ago
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It is given that in an oligopolistic market, there are at first five firms. At the point when the quantity of fums diminishes to three, it implies that the all out yield will likewise decrease. It is on the grounds that, all the makers are delivering separated items. The inventory of merchandise won't increment in light of the fact that the makers would have expanded the creation before, if that was conceivable. Hence, the balance amount will fall and in view of decrease in amount, cost will increase.

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3 years ago
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