Remains the same...
if competative industry z is making substantial economic profit, output will:
Long run, so that long-run economic profits are zero.
in a perfectly competitive industry
economic profits in a industry suggest the industry
Market commonality, resource similarities, reputation, and incentives are four factors that influence an industry's competitive rivalry and competitive dynamics. They can have a positive or negative effect.
if competative industry z is making substantial economic profit, output will:
Free competitive and fair economic market, low taxes, institutions
Long run, so that long-run economic profits are zero.
in a perfectly competitive industry
economic profits in a industry suggest the industry
IT
The immediate industry includes the competitive environment for business. It includes all the competition within the industry and governmental agencies regulating the business.
Market commonality, resource similarities, reputation, and incentives are four factors that influence an industry's competitive rivalry and competitive dynamics. They can have a positive or negative effect.
will
tailoring industry is one of the competitive enterprises in the Philippines .
Demand and the number of competitors in an industry influence the competitive nature of a business. Another factor to competition is profit margins.
yes