Why invest capital in purely competitive industries with equilibrium margins that are razor thin and entrants that

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Why invest capital in purely competitive industries with equilibrium margins that are razor thin and entrants that erode quasi profits? Suppose volume is not exceptionally large, why then?

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Managerial economics applications strategy and tactics

ISBN: 978-1439079232

12th Edition

Authors: James r. mcguigan, R. Charles Moyer, frederick h. deb harris

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Question Posted: Dec 03, 2012 02:26 AM

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Why invest capital in purely competitive industries with equilibrium margins that are razor thin and entrants that

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Managerial economics applications strategy and tactics

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