sammiewintersjr sammiewintersjr
  • 01-11-2020
  • Business
contestada

What is the condition for profit maximization for a pure competitive firm?

Respuesta :

bobm82 bobm82
  • 01-11-2020
I believe this needs to come from a non monetary source. Pure competition allows for no price change between firms. So profit maximization needs to come from market share. I believe the answer would have to be in service levels or ease of business improvements. If you are forced to have the same price levels the levers to pull are few but the exist only customer service, ease of transacting, other value add initiatives. Just my thoughts
Answer Link

Otras preguntas

how were old imperialism and new imperialism similar
What part of the country is wet and has mild winters and hot summers? A. Northeast B. Southeast C. Southwest D. Midwest
true or false the highest point of the appalachian mountains is located at mt mitchell in massachusetts
Members of the Song scholar-official class would usually spend their entire lives in their home counties. True or False
Emma needs 2 pounds of ground meat to make meat loaf. She has one package with 2.36 pounds of ground meat and another package with 2.09 pounds of ground meat.
what is a mealworm a worm,an insect or an amphibian
is 8.33333333 a rational or irrational number
If 2i + (x + yi) = 6, what is x + yi? I know i ask alot but please help me solve this
Three times the sum of a number and 4 is 8 less than one half the number
write the following number in expanded and word form 5,325,603.712