What factors will find best number of firms to sell secret


A firm in a perfectly competive market invents a new method of production thaat lowers its marginal costs. what happens to its output? what happens to the price it charge? A The firm has an employee who threatens to tell all other firms in the industry about how to implement this new techniques? Will it be possible to bribe the employee not to do this? Explain why or why not. B. Why should this employee probbaly choose to tell only some of the other firms rather than all of them? What factors will determine the best number of firms to sell the secret to?

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Microeconomics: What factors will find best number of firms to sell secret
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