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In competitive settings, profits will lead firms to _________________ and losses will lead firms ___________, so the incentives for producing at low cost and coming up with new ways of pleasing customers are strong. Group of answer choices

Respuesta :

Answer:

Enter to market; to exit

Explanation:

For the competitive setting, if the company is earning huge profits than it would lead to the entrance into the market

And, if the company is suffered huge losses than it would lead to an exit from the market

So that if the production would be done at lesser cost and new innovative ways welcome the customers in order to give them better satisfaction. It should be strong

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