answersLogoWhite

0

Start up costs are much higher in a competitive market. If you have little orno competition, you can be successful with less ads, inventory, employees, ambience etc. Open on a low budget in less competitive market-- do your job so well--- grow grow grow. Become so good that you own your market. Then continue to learn and grow.

User Avatar

Maynard Windler

Lvl 10
3y ago

What else can I help you with?

Continue Learning about Economics

What is the relationship between start up costs and a competitive market?

markets with high start-up costs are less likely to be perfectly competitive.


What is the relationship between start-up costs and competitive market?

Start up costs are much higher in a competitive market. If you have little orno competition, you can be successful with less ads, inventory, employees, ambience etc. Open on a low budget in less competitive market-- do your job so well--- grow grow grow. Become so good that you own your market. Then continue to learn and grow.


How can one determine the inverse demand function for a given market?

To determine the inverse demand function for a market, you can start by collecting data on the market price and quantity demanded. Plotting this data on a graph and finding the slope will help you derive the inverse demand function, which shows the relationship between price and quantity demanded in the market.


Four basic characteristics of a market that is perfectly competitive?

The four main characteristics of perfect competition are:A very large number of small firms: This implies the the actions of a single firm are unlikely to affect the market as a whole.Identical products: There is virtually no distinction between the products sold by the various firms, so customers will pay attention only to the cost of the item.No cost of entry/exit: In other words, it is easy to leave the market if one is losing money, and new sellers can enter without a large start-up cost.Perfect knowledge of the market: Each firm and customer knows the price and quantity of the items sold by everyone.


When did market capitalization begin?

Market capitalization begins at the start of any company. It is calculated by multiplying outstanding shares by the current market price of one share.

Related Questions

What is the relationship between start up costs and a competitive market?

markets with high start-up costs are less likely to be perfectly competitive.


What is the relationship between start-up and a competitive market?

Start up costs are much higher in a competitive market. If you have little orno competition, you can be successful with less ads, inventory, employees, ambience etc. Open on a low budget in less competitive market-- do your job so well--- grow grow grow. Become so good that you own your market. Then continue to learn and grow.


What is the relationship between start-up costs and competitive market?

Start up costs are much higher in a competitive market. If you have little orno competition, you can be successful with less ads, inventory, employees, ambience etc. Open on a low budget in less competitive market-- do your job so well--- grow grow grow. Become so good that you own your market. Then continue to learn and grow.


What is the relationship between startup cost and a competitive market?

Start up costs are much higher in a competitive market. If you have little orno competition, you can be successful with less ads, inventory, employees, ambience etc. Open on a low budget in less competitive market-- do your job so well--- grow grow grow. Become so good that you own your market. Then continue to learn and grow.


What is the relationship between arthropod-appendage?

They start with letter a


How can one determine the inverse demand function for a given market?

To determine the inverse demand function for a market, you can start by collecting data on the market price and quantity demanded. Plotting this data on a graph and finding the slope will help you derive the inverse demand function, which shows the relationship between price and quantity demanded in the market.


When did the relationship of David and God Start?

The relationship between god and David started when he was a small boy, a shepherd.


What is the relationship between a homogeneous mixture and a heterogeneous mixture?

they both start from H


What is the relationship between the content and the context of the book heart of darkness?

It's between the covers, I suggest you start by looking there.


I have a unibrow. If I wax it does it delay the start of puberty?

There is no relationship between the two, wax away!


Which word start relationship?

Which word start relationship?


How do you start a relationship with a friend after sleeping together?

Be mature about it and be like.. "Hey, so what happened between us.."