Question

Question 4: Small firms are more likely than large companies disappear from the market because of the following reasons? ​

Answer 1

Answer:

There are several reasons why small firms survive, including: In terms of the theory of market structures, despite their dominance in terms of assets, employment and turnover, only around 1% of firms are oligopolies, duopolies or monopolies. They then leave the market once profits fall as new firms enter.

Explanation:

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