Word: profitable
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Dates: during 1990-1999
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...Under imperfect competition, a few companies dominate the industry due to the existence of barriers to entry and can therefore influence the market price to varying degrees. As a result, the price of a product does not reflect its cost. Rather, the price equals the cost plus an additional profit called an economic rent. These rents accrue to the companies that dominate the industry and eventually end up in the hands of the owners. In terms of international trade, the existence of imperfect competition means that subsidizing American companies to compete abroad makes sense. Such subsidization would allow American companies...
...while larger stores are proving low-profit predictions wrong, smaller music stores are feeling the pinch...
During the meeting, the council also learned that last Friday's Freshman Formal was a financial success. Preliminary figures showed that the council made a profit of $2,500 on the event, according to chief organizer Catherine D. Rucker...
Harvard Real Estate asserts that selling its property at market rates will not produce windfall profits. A windfall profit is defined as a profit made without improving the property itself. Assuming that the corporation bought its units during the '60s and '70s, it would make at least a 300-to-400 percent profit on its housing units without having done anything to improve living conditions. That is windfall profit...
...There's nothing wrong with a profit and nothing wrong with collaboration," he said. "It's a matter of striking a healthy and ethical balance...