yes
why do small firms continue to exist despite competition from large firms
A perfectly competitive market is a market that is classified by many firms, with homogeneous products, since there are so many firms and consumers (buyers and sellers) each is a price-taker, meaning they have no control over what the price is. firms as a result set price to the marginal cost, which is the marginal revenue which is also the wage.. If there are profits in the short run due to differences in capital, (in the short run, capital stock is fixed), ability of firms to produce at different quantities is apparent. However over the long run, firms are able to make all costs variable, meaning they can change their capital and labor stock in order to become more efficient. These changes result in higher efficiency, and an eventual drop in price where p=mr. There are no profits in long run.
do firms operate at optimal scale
William Ouchi
Approximately 244 firms were classified as manufacturers in this industry in 1972
Approximately 208 firms were classified as manufacturers in this industry in 1987
They wanted a gold toilet
There are approximately 1700 firms traded on the FTSE. The number of firms traded changes daily. New firms are added as some firms drop off the exchange.
yes
accounting firms carry out superior audits than small accounting firms
accounting firms carry out superior audits than small accounting firms
More information is needed to properly answer this question. The top 10 hardest firms in the world is too broad. Do you mean the hardest firms to get hired by, the hardest firms to work for, the hardest firms to sue?
One can find security management jobs in Texas by looking at the classified ads in the newspaper. Jobs can also be found on security firms websites and job search websites such as Indeed.
why do small firms continue to exist despite competition from large firms
Service Sector
What is Auditing practices and methodology of firms?"