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What happens if the price per unit decreases because of competition but the cost structure remains the same?
Wiki User
∙ 14y ago
If the price per unit decreases because of competition but the cost structure remains the same
Wiki User
∙ 14y ago
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What happens if competition decreases in a certain industry?
Competition helps to keep the quality high and prices down. If competition decreases, the quality can go down and the prices can go up in that industry.
What are the resources allocation under perfect competition?
In economics, perfect competition is a structure that allocates resources as efficiently as possible. When this happens, price and marginal cost are equal.
What do you call a business that controls a market and no competition?
A monopolistic firm is a firm that controls the market. This is only possible with scarce competition (little to none.) The market structure is called a monopoly when this happens.
When CPI decreases what happens to real GDP?
it decreases also
What happens when the demand for a product decreases?
When demand decreases, supply increases.
What happens if competition decreases in a certain industry?
Competition helps to keep the quality high and prices down. If competition decreases, the quality can go down and the prices can go up in that industry.
What happens to the thermal energy of an object as temperature decreases as it increases?
it decreases because when an object is moving as the temperature decreases the object decreases
What are the resources allocation under perfect competition?
In economics, perfect competition is a structure that allocates resources as efficiently as possible. When this happens, price and marginal cost are equal.
Why does competition happen?
Competition happens because there are limited resources in an ecosystem.
What do you call a business that controls a market and no competition?
A monopolistic firm is a firm that controls the market. This is only possible with scarce competition (little to none.) The market structure is called a monopoly when this happens.
As you walk into the cold locker room the temperature of the helium inside your balloon decreases What happens to its volume?
the volume of the balloon decreases because the tempature decreased
What happens to the predator population when the prey populations decreases?
It also decreases because the predator will have no food supply and starve or have to leave the area.
What happens to the enthalpy in a balloon?
It decreases
When CPI decreases what happens to real GDP?
it decreases also
What happens to volume if the radius and height decreases?
The volume decreases!
What happens when the demand for a product decreases?
When demand decreases, supply increases.
When demand decreases and supply decreases what happens?
prices go higher
