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It's a form of being over happy or glad something is going or is happening. If you are exited you are feeling bubbly and very cheerful

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Nicole Gorczany

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3y ago

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What do you mean by barriers to enter and barriers to exit from an industry?

security barriers


What does it mean to have free market entry and exit?

Free market entry and exit refer to the ability of firms to enter or exit a market without significant barriers or restrictions. This means that new companies can start operations easily, fostering competition and innovation, while existing firms can leave the market without facing prohibitive costs or regulations. Such conditions promote efficiency and responsiveness to consumer demands, as resources can be reallocated to their most productive uses. Overall, free market entry and exit contribute to a dynamic economic environment.


What is the definition for the word exit?

To leave or depart from where you are now. Such as-->We shall exit through this door. Also as a noun it means the actual door used to leave by. Such as-->This door is the exit.


How do exit barriers affect internal rivalry?

Exit barriers can significantly influence internal rivalry within an industry. High exit barriers, such as substantial sunk costs or regulatory constraints, may force firms to remain competitive even in unfavorable market conditions, intensifying rivalry as they fight to maintain market share. Conversely, low exit barriers can lead to a more dynamic market where firms can easily leave, potentially reducing internal competition as weaker players exit and allowing stronger firms to thrive. Ultimately, the presence of exit barriers shapes the intensity and nature of competition among firms in an industry.


When firms exit in a competitive market their exit will?

When firms exit a competitive market, their exit typically leads to a reduction in supply, which can increase the market price for the remaining firms. This adjustment may allow the surviving firms to become more profitable, as the decrease in competition can lead to higher prices for goods or services. Additionally, the exit of firms can signal to the remaining players that the market conditions may need to change, prompting them to innovate or improve efficiency. Overall, firm exits help restore equilibrium in the market.

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