SEARCH
You are in browse mode. You must login to use MEMORY

   Log in to start


From course:

Economics A Level

» Start this Course
(Practice similar questions for free)
Question:

Why may a Recession be Good News?

Author: go kys



Answer:

-Some Firms can profit of the Hardship Recessions bring. Discount Retilaers can Profit of Low Consumer Confidencde -Firms may have to also deal with their Inefficienes to Survive. In the Good times they can get away with it. During a Recession costs have to tbe Cut. Therefore Firms can Profit from being more Efficient when the Recession ends


0 / 5  (0 ratings)

1 answer(s) in total

Author

go kys
go kys