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Elena-2011 [213]
2 years ago
13

In the long​ run, profits will equal zero in a competitive market because of

Business
1 answer:
aliya0001 [1]2 years ago
7 0
<span>In the long​ run, profits will equal zero in a competitive market because of free entry and exit.

Because there is free entry in a market, the competition can come and go as they please.  This stops the ability for a company to have a monopoly because any company can come and sell the product. Companies are also able to leave a market but they may leave behind their goods without profit. 
</span>
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Lesson two unit lab for advertising sales promotion

Profits not always the point

1) Consistent, Competitive & Profitable

2)doing good

3)finding a purpose

4. Values and purpose

5)profit is definitely an added perk, if your company is making good profits then you can offer incentives such as bonuses or other things for your employees to do their best every day.

Secrets of selfridges

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2)he advertised in a newspaper he would fly the flag above the shop he wrote articles defending their cause

3. It made him popular with women shoppers when things turned violent people protected his store

4. He treated everyone the same this was revolutionary because the classes were separated so it was integrating the classes and treating them all the same even though that wasn’t everyone’s outlook on it

5. Sales became a worldwide tradition

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