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When discussing pure competition the term long run refers to a period of time long enough to allow?
Wiki User
∙ 8y ago
Firms already in an industry to either expand or contract their capacities and new firms to enter or existing firms to leave.
Wiki User
∙ 8y ago
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Compare and contrast price vs non-price competition?
Price competition refers to as who will sell for the lowest price. Meanwhile, non-price competition refers to the person who can sell the most attractive product.
What is the difference between monopolistic competition and oligopoly?
While monopolistic competition features many small firms competing against each other, oligopoly features competition amongst a few large firms. Both structures represent imperfect market competition.
What is monopoly and how price and output decisions taken under monopoly?
Monopolistic competition refers to the the exclusive possession or control of the supply or trade in a commodity or service.
What is the definition economic pressure?
Economic pressures refers to a time period in the economy of a country when indicators are not in a favourable condition
Which of the following refers to the period of worldwide economic decline from late 2007 through 2009 which caused high unemployment and foreclosures?
The Great Recession
Compare and contrast price vs non-price competition?
Price competition refers to as who will sell for the lowest price. Meanwhile, non-price competition refers to the person who can sell the most attractive product.
When roosevelt refers to unusual times and disaster what historical event is he discussing?
The Great DEPRESSION
When discussing stocks te term stock yields refers to the?
rate of dividends per share
Define interpersonal competition and just give example?
Interpersonal competition refers to rivalry between 2 or more persons, such as student competition in class.
What is talk in maori?
In Māori, "talk" is often translated as "kōrero". It refers to the act of speaking, discussing, or conversing.
What does the period mean in MS-DOS?
One period refers to the current directory. Two periods refers to the parent directory.
What refers to wiping out all competition and controlling an entire industry?
That is called a Monopoly.
Habbo Hotel Jacob quest answers?
This question refers to a competition which has expired.
Is competition a common noun?
The word "competition" is a common uncapitalized noun. On the other hand "Olympics" is a proper noun and is capitalized. Olympics refers to a definite competition.
What do you understand by the term postcolonial?
Postcolonial refers to the period after a country has gained independence from colonial rule. It also encompasses the cultural, social, and political effects of colonization on the postcolonial societies. The term is often used in the context of discussing issues related to power dynamics, identity, and decolonization.
In vedic period goghna refers to?
a guest
In the vedic period goghna refers?
guest
