Patent laws, Freedom of entry for new firms, An increase in the number of producers , An increase in the number of buyers
freedom of entry for new firms
no
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.
It's a tough industry because of it's competition and demand.
pure competition
freedom of entry for new firms
A monopoly is an industry or business having no competition.
Some mergers are beneficial to the United States economy. However, when a merger reduces the amount of competition in an industry it isn't good for the economy.
Baseload plants allow competition in the power industry.
-reduces seriousness -reduces competition -lowers excellence -reduces flow and linked learning as well as application
Competition for land, trade, and industry increased
no
Oligopolic!
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.
It's a tough industry because of it's competition and demand.
The textile industry is probably the closest example to pure competition on Earth.
The textile industry is probably the closest example to pure competition on Earth.