Factors that influence the level of profits in your country (Uganda)
- Price level/ the rate of inflation
- Cost of production/cost of sales/ efficiency of firms
- Goal / objective of the producer(s).
- Entrepreneurial skills organizational
- Degree risks (of investment).
- Level of output / supply /turnover/size of the firm
- Market size /
- Ease of entry of firms into an industry I number of firms in an industry.
- Level of competition
- Level of customers’ income
CATEGORIES Economics
TAGS Dr. Bbosa Science
