1-raise production costs
2- improve productivity
3-be less efficient
4- redistribute income to workers
2006-12-10 13:22:25 · 4 answers · asked by Anonymous in Social Science ➔ Economics
2. Improving productivity means better production level with same cost.
1. Why would firms raise production costs?
3. Why would firms become less efficient when there is more competition?
4. Maybe, you could redistribute income in favor to firms, but this answer is too broad.
2006-12-10 20:59:38 · answer #1 · answered by wat~ 3 · 0⤊ 0⤋
Come to terms that they are not the best. Over inflated costs do not equal better products, just more expensive ones.
2006-12-11 13:28:00 · answer #2 · answered by Carrie W 2 · 0⤊ 0⤋
2- improve productivity
You have to be at your best to compete internationally. Tariffs and restricted trade make companies fat a lazy.
2006-12-10 21:32:53 · answer #3 · answered by JuanB 7 · 0⤊ 0⤋
sooo..wheres the question at?
2006-12-10 21:25:19 · answer #4 · answered by Anonymous · 0⤊ 1⤋