0
Firm A one firm in a competitive industry faces higher costs of production As a result conusmers end up paying higher prices Discuss?
Wiki User
∙ 9y ago
If a firm is having higher costs than another in the same industry, they will pass the costs to the consumer. That has to happen if the firm is supposed to make any profits.
Wiki User
∙ 9y ago
Add your answer:
Earn +20 pts
Who are the officials in discuss throw?
what are the officiating officials in discuss throw
What was the purpose of the Hartford Convention?
to discuss the withdrawal of the New England states from the union
Which of the following events played a prominent role in highlighting the need for the Annapolis Convention?
Shays's Rebellion
Which was not a part of the declaration of independence?
It didn't discuss the issue of slavery.
The group that met in 1787 to discuss tax reform was the?
Assembly of Notables
What are the advantages of production planning and control to a small scale industry discuss?
Advantages of production planning and control to a small scale industry are that, the industry is able to manage its finances, the industry controls the order and stock, there is no over or underproduction.
Discuss the different factors of production with emphasis on their interdependence in the creation of wealth?
discuss factors of production
During the 1920s the business community's practice of forming trade groups within an industry to discuss common problems of production and marketing was known as .?
associationalism
During the 1920s the business community's practice of forming trade groups within an industry to discuss common problems of production and marketing was known as?
associationalism
Discuss the mobility of factors of production?
mobility of factors of production
How is mass production an unmixed blessing?
mass production is not an unmixed blessing discuss
Production guidelines for food service products vary from country to country Discuss how these differences affect the global food service industry?
You must be in global management and operations at the art institute :)
Man is the most important factor of production. discuss?
Factors of production refers to the inputs of the production process.
Discuss the major changing trends in the retail industry?
what are the chaning trends in the retail industry
Could someone discuss Eco tourism within the hospitality industry?
yes someone could discuss that
Discuss the IT concepts of competitive strategy?
A Competitive Strategy is decisions that generate action that produces results.A competitive strategy answers the following questions. How do we define our business today and how will we define it tomorrow? In what industries or markets will we compete? The intensity of competition in an industry determines its profit potential and competitive attractiveness. How will we respond to the competitive forces in these industries or markets (from suppliers, rivals, new entrants, substitute products, customers)? What will be our fundamental approach to attaining competitive advantage (low price, differentiation, niche)? What size or market position do we plan to achieve? What will be our focus and method for growth (sales or profit margins, internally or by acquisition)?
Is money considered motivator in working industry?
Discuss money as a motivator
