Japanese firms are competitive because they want to make a profit. They typically do this by expanding outside of Japan.
What important charactertistic do all three types of imperfectly competitive firms share?
No it does not. Only Perfectly Competitive firms have a horizontal Marginal Cost curve, which is also there demand curve.
many firms selling products that are similar, but not identical.
without economies of scale
The competitive environmental forces influence the firms customers, rival firms, new entrants, substitutes, and supplies.
Perfectly competitive firms would not advertise as advertising would serve no purpose. A market that is perfectly competitive exists only in theory.
Japanese firms are competitive because they want to make a profit. They typically do this by expanding outside of Japan.
None
What important charactertistic do all three types of imperfectly competitive firms share?
No it does not. Only Perfectly Competitive firms have a horizontal Marginal Cost curve, which is also there demand curve.
many firms selling products that are similar, but not identical.
without economies of scale
Yes.
In an attempt to regain a competitive edge, United States firms have
The local market share is one of the primary sources of the competitive advantages that firms use to compete in the international market.
The local market share is one of the primary sources of the competitive advantages that firms use to compete in the international market.