Prices tell entrepreneurs which areas of the economy they may profitably expand into

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01-09-2017
Business

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Prices tell entrepreneurs which areas of the economy they may profitably expand into

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Kalahira Kalahira · Answer 1 · 2017-09-11T14:50:23+02:00

Kalahira Kalahira

11-09-2017

True. Areas that have prices that are either too low or too high to meet a hypothetical profit level will show the entrepreneur that it isn't feasible to go into a certain location with their business. They may find that it would require too much time or would lead to too much instability.

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