Question

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Increased competition from trade
A. tends to hurt the worst - performing firms in an industry the most.
B. allows the worst - performing firms in an industry to expand the most.
C. takes away sales op"

Answer 1

Increased competition from trade can have both positive and negative effects on firms in an industry. It can lead to better or less expensive products and increased profits for some firms, while hurting the worst-performing firms the most.

Step-by-step explanation:

The subject of this question is Business and it is at a High School level.

Increased competition from trade can have both positive and negative effects on firms in an industry. While it can lead to better or less expensive products for consumers and increased profits for firms with better or cheaper products, it can also hurt the worst-performing firms the most. These firms may struggle to compete and may experience reduced profits or even go out of business. Additionally, workers in these firms may lose income or jobs as a result of increased competition.