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andrew-mc [135]
3 years ago
8

"there is no incentive for firms to enter or exit the industry in the long" run when

Business
1 answer:
sertanlavr [38]3 years ago
8 0
There is no incentive for firms to enter or exit the industry in the long run when there is a competitive equilibrium or perfect competition. Perfect competition is when the market price of an item is controlled by the buyers and the sellers. There are tons of people wanting to buy and selling similar products and the are all equally fighting for the same target market. 
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Brainliest + Points! Please explain
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B.

it is the down payment

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Diane owns a bakery where she sells cupcakes. Two blocks down there is another bakery, CC's Bakery, that sells cupcakes for $1 l
BabaBlast [244]

Answer:

competition based pricing

Explanation:

When a company engages in a competition based pricing strategy, they will set the price of their products or services taking based on the price of their main or direct competitor. The product or service provided by the competitor is used to benchmark both the price and quality of the goods and services offered by the company.

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You are the CEO of a company that has to choose between making a $100 million investment in either Russia or Poland. Both invest
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8 0
3 years ago
The consumer sector is the largest part of the macroeconomy. Please select the best answer from the choices provided T F
cricket20 [7]
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Lyrx [107]

Answer:

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3 years ago
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