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If demand in a perfectly competitive market increases, then an individual firm in that industry will see its profits fall.
Performance Feedback
Information given to individuals or groups about the quality or effectiveness of their job performance, intended to facilitate improvement.
Verbal Representation
The expression or communication of ideas and thoughts through spoken words.
Performance Feedback
Information given to individuals about their actions' outcomes regarding effectiveness, aiming to improve future performance.
Visual Representation
A method of displaying data, concepts, or information using images, symbols, or diagrams.
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