Highly efficient firms usually fare poorly when demand drops during a recession since their low-cost structure requires a very large demand to maintain efficiency.

Name: Highly efficient firms usually fare poorly when demand drops during a recession since their low-cost structure requires a very large demand to maintain efficiency.
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Highly efficient firms can often adapt better during a recession due to their low-cost structure, which allows them to maintain profitability even with reduced demand.

Highly Efficient Firms Usually Fare Poorly When Demand Drops During