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Is it hard for a new company to get into prefect competition market?
Wiki User
∙ 13y ago
No. Perfect competition assumes free entry and exit, which implies that fixed costs/entry costs are or are close to 0.
Wiki User
∙ 13y ago
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Does globalization bring competence?
it generally depends on the company's ability,with globalisation competition increases in the market and to compete with other foreign company, home country's company work hard to maintain its market share,will use its resources more efficiently, try to develop efficient operating methods, with that they can gain economies of scale.
Why it is so hard to find extremely profitable projects?
It is hard to find extremely profitable projects, because it is hard to keep competition out. Profitability attracks competition, and unless a company can set up barriers to entry successfully, competition will drive the profit-margin down to the required rate of return.
What are the duties of a labour prefect?
What are the duties of a labour prefect
What are the duties of labour prefect?
Is someone who gives hard labour as punishment to disobedient student
What are the duty of a labour prefect?
Is someone who gives hard labour as punishment to disobedient student
Who is a Labour school prefect?
They maintain an excellent attendance
What are the disadvantages of the marketing orientation?
*can be hard to target campaigns at such a large Market *high costs as constant Market research needs to be carried outs so may lower profit margin or have high costs *not targeting a specialised sub-Market to hard to fulfil lots of consumers needs *hard to achieve product differentiation and stand out from competition *consumer wants can change quickly and may be hard to keep up with needs
Why did they have titanic?
the company that made the titanic was in competition with other companies so they made the titanic as the most beautiful ship that would be hard to top
How hard is it to find funding for a oil company?
It all depends on how solid you are with your pitch and if you have done your homework before going to make a pitch to a potential client. Normally, it is considered hard due to the competition.
Is the level of competition high or low in the market economy?
It would be high cause everyone is "at war" with any and every business, thus competition would be very hard at work and their going for money and profits. This is my first answer on this website so no harshness please!
Is writing in print easy-er or faster?
it is hard because u have to make sure your spelling is prefect
what are competition and self-interest two important forces in?
Competition and self-interest are two important forces in market economies. Competition helps drive efficiency and innovation by encouraging firms to lower prices and improve quality to attract customers. Self-interest motivates individuals to work hard, innovate, and make decisions that benefit themselves, thus contributing to the overall growth and functioning of the economy.
