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What induces new firms to enter an industry? - Economic Applications

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Question

What induces new firms to enter an industry?

One Line Answer
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Solution

Abnormal profit

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Chapter 5: Nature and Structure of Markets - QUESTION BANK [Page 140]

APPEARS IN

Goyal Brothers Prakashan Economic Applications [English] Class 10 ICSE
Chapter 5 Nature and Structure of Markets
QUESTION BANK | Q 11. | Page 140
Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 5 Meaning and Types of Markets
QUESTION BANK | Q 13. | Page 118

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