What encourages firms to enter markets?
举一反三
- 4 Many firms are focusing ______ expanding their markets overseas.
- If firms in an industry earn zero profit, other firms would like to enter this market.
- If firms in an industry enjoy positive profits, other firms would like to enter this market.
- The circular-flow diagram illustrates that, in markets for the factors of production, ( ) A: households are sellers, and firms are buyers. B: households are buyers, and firms are sellers. C: households and firms are both buyers. D: households and firms are both sellers.
- In which of the following markets are strategic interactions among firms most likely to occur?