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Patent laws, Freedom of entry for new firms, An increase in the number of producers , An increase in the number of buyers
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∙ 8y ago
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Other things equal which reduces competition in an industry?
freedom of entry for new firms
What is a competition brief in the media industry?
no
What happens if competition decreases in a certain industry?
Competition helps to keep the quality high and prices down. If competition decreases, the quality can go down and the prices can go up in that industry.
What are the negatives about the fashion industry?
It's a tough industry because of it's competition and demand.
What is a market structure of the mining industry?
pure competition
Other things equal which reduces competition in an industry?
freedom of entry for new firms
When a industry or business has no competition?
A monopoly is an industry or business having no competition.
Mergers are beneficial for the us economy?
Some mergers are beneficial to the United States economy. However, when a merger reduces the amount of competition in an industry it isn't good for the economy.
Allowing competition in the power industry?
Baseload plants allow competition in the power industry.
What are disadvantages of scrapping external exams?
-reduces seriousness -reduces competition -lowers excellence -reduces flow and linked learning as well as application
How did economic goals for countries change as nationalist sentiments grew?
Competition for land, trade, and industry increased
What is a competition brief in the media industry?
no
Competition in the car industry?
Oligopolic!
What happens if competition decreases in a certain industry?
Competition helps to keep the quality high and prices down. If competition decreases, the quality can go down and the prices can go up in that industry.
What are the negatives about the fashion industry?
It's a tough industry because of it's competition and demand.
What are the examples of pure competition?
The textile industry is probably the closest example to pure competition on Earth.
What is an example of pure competition?
The textile industry is probably the closest example to pure competition on Earth.
