emogalaxcy335 emogalaxcy335
  • 22-12-2017
  • Business
contestada

When market conditions in a competitive industry are such that firms cannot cover their total production costs, then?

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Ancaps
Ancaps Ancaps
  • 22-12-2017
The business will try to make better products, reach more customers, adapt their target group of customers, try to find cheaper suppliers, restructure the employee scheme, automate etc. or just find another domain of business.
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