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Under capitalism, competition between corporations can become counter-productive if it leads to emphasis on making profits rather than producing good-quality goods or treating employees properly.
What else can I help you with?
When does competition become counter productive?
Competition becomes counterproductive when it leads to unethical behavior, sabotage, or harmful conflicts instead of promoting growth and innovation. Additionally, excessive competition can demotivate individuals or teams, hindering collaboration and overall progress. It's crucial to maintain a balance where competition drives excellence without causing negative consequences.
What is the most likely effect of a dam that stops water from being able to flow out of a bog?
The bog will become less productive.
Why did the farmers in the Han Dynasty become more productive?
they made food
Is One of the innovations that help Neolithic farmers become more productive?
a plow
How do the features of perfect competition and monopoly affect the outcomes of the market?
Economists use two sets of concepts to answer questions. First they apply efficiency concepts such as productive efficiency. Then they ask how perfect competition and monopoly affect the consumer.
How does competition in a market affect allocative and productive efficiency?
A competitive market, firms act with their benefit at heart. If a firm is producing at productive efficiency, it produces goods at a relatively low expenditure, it can sell at low prices and hence compete well in the market.
How can you become a racer?
Just Sign In a racing competition
How do plants grow and become productive?
they grow buy having sunlight, warmth, air and water
What would help you to become more productive and provide higher quality service?
Time management
Does greater competition lead to greater efficiency?
Yes. Greater competition between firms/countries/... makes the productive capacity rise and will reduce costs. The rise in the productive capacity is mainly achieved by investing in new capital goods (or replacing the old ones). Of course this will reduce the labor needed (so less costs) and will increase efficiency in the end.
When did Italian soccer first become a national competition?
1934
When did TNA become competition for WWE?
Sorry but TNA is not competition for the WWE. They don't even come close to WWE in the ratings.
