IDNLearn.com is your go-to resource for finding precise and accurate answers. Discover in-depth answers from knowledgeable professionals, providing you with the information you need.

Why do firms try to avoid competition? They can set prices higher and earn greater profits. They can reduce production costs and earn higher profits. They can avoid taxes and thereby earn higher profits. They will have more money to advertise their products.

Sagot :

Firms try to avoid competition so that they can set higher profits and earn greater profits. With more competition, they have to competitively price their products.
Thank you for joining our conversation. Don't hesitate to return anytime to find answers to your questions. Let's continue sharing knowledge and experiences! Your questions deserve accurate answers. Thank you for visiting IDNLearn.com, and see you again for more solutions.