Project creep and adaptive management
Is there a relationship between project creep and adaptive management or can they be mutually exclusive?
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Describe an industry that would meet the conditions of a perfectly competitive industry and how the individual firms would respond to an increase in the market demand for the product.
The company's effective tax rate on all items affecting comprehensive income is 30%. Each component of other comprehensive income is displayed net of tax.
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Contrast this to the real world and why individual firms might experience different cost curves and different profits.
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