Over time, while large-scale entry is more profitable in the short-run, small-scale entry becomes more profitable in the long-run.

Name: Over time, while large-scale entry is more profitable in the short-run, small-scale entry becomes more profitable in the long-run.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The profitability of large-scale versus small-scale entry depends on various factors, including market conditions, competition, and operational efficiencies, rather than a general rule of short-term versus long-term profitability.

Over Time, While Large-Scale Entry Is More Profitable in the Short-Run