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What else can I help you with?
Why would anyone want to enter a profitable industry knowing that profits would eventually be eliminated by competition?
It is not certain that anyone's profits will eventually be eliminated by competition; it is in the nature of competition that you have a chance of winning, as well as a chance of losing. And lots of people enjoy competition.
What is free enter price?
An economic system in which private business operates in competition and largely free of state control.
Explain in detail with suitable examples the imperfect competition and perfect competition?
In imperfect competition the producer is the price maker whereas in perfect the producer is the price taker. In imperfect no new competitors enter the industries hence super normal profits will continue to be realised, unlike in perfect comp
What are the key differences between monopolistic competition in the short run and long run?
In the short run, firms in monopolistic competition can make profits or losses due to varying demand and costs. In the long run, firms can only make normal profits as new firms enter the market, increasing competition.
What are 4 characteristics of of pure competition?
the industry's demand curve is perfectly elastic
What is selimathunzi's email address?
seli@sabe.co.za
What is selimathunzi telephone number?
Type your answer here... 011 714 5524
Why they enter a competitions why they enter a competition?
The competitors of course
How do you enter the be in glee competition?
audition
What you have to do to enter WWE competition?
enter tough enough go to tough enough.com and enter your self
How old do you have to be to enter the Mavericks surfing competition?
to enter this compertition you have to be 18 or older
How do you enter a competition on the Howrse website?
Go to the horse's page. There will be a button that says enter this horse in a competition. The horse must have a saddle, bridle, and shoes to be able to run in competitions. Choose the competition that you want the horse to be entered in.
How does Luigi get his mansion?
Luigi gets his mansion after he wins a competition though he didn't even enter the competition
Can you enter a dance competition without a studio?
Yes you enter as an independent contender (for most comps.)
Can you enter a rock in a pet competition?
Not unless it is a "pet rock".
Why do friends not pick their friends?
to enter a video game competition
What happens if your daughter fails her gymnastics competition?
Accept the fact. She could always practice more and enter another competition
