Considering the competitive landscape in China, India, and Latin America, how can home-grown firms best defend and win against large multinational entrants?

In your own words/don't copy from the internet write 800 word How do firms contribute to the efficiency of the market economy in ways that networks of independent contractors do not? Use your organization, or one with which you are familiar, to illustrate your response.

Employ the production cost theory to explain why we consider the Fruit & VegetableMarketin Al-Aweer to have a perfect competition structure.

Entrepreneurs shift capital and labor across industries in pursuit of profit. Let’s look at this a little more closely. Suppose there are two industries: a high‑profit industry, Industry H, and a low‑profit industry, Industry L. Answer the following questions about these two industries. a. If the two industries have similar costs, then what must be true about prices in the two industries? Prices in Industry H and Industry L must be equal. must be lower in Industry H than in Industry L. must be higher in Industry H than in Industry L. in Industry H and Industry L cannot be compared.