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A firm will enter a competitive market when
Profit Sharing
A company program in which a portion of the company's profits is distributed to its employees, often based on their performance and the company's earnings.
Larger Firms
Refers to companies or organizations that have an expanded scale of operations, workforce, or market share relative to others in their industry.
Psychological Ownership
The feeling of possession individuals experience for things they do not legally own, often leading to stewardship behavior for that object or role.
Legal
Pertaining to the law or the system of rules that a particular country or community recognizes as regulating the actions of its members and may enforce by the imposition of penalties.
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