Business

Business, 13.07.2019 05:00, sparrgrovekyle

(i will give a brainliest) describe the practices of firms in various markets, such as perfect competition and monopoly.

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History, 03.07.2019 02:00, lissa34

Define the practices of firms in various markets such as perfect competition and monopoly

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Business, 28.07.2019 03:30, jeffffffff

Arises when there are many firms each selling an identical product, many buyers, and no restrictions on the entry of new firms into the industry. ▼ oligopoly monopoly monopolistic competition perfect competition is a market structure in which a large number of firms compete by making similar but slightly different products. ▼ oligopoly monopoly monopolistic competition perfect competition is a market structure in which a small number of firms compete. ▼ oligopoly monopoly monopolistic competition perfect competition arises when there is one firm which produces a good or service that has no close substitutes, and the firm is protected by a barrier preventing the entry of new firms.

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Business, 28.07.2019 15:10, alwaysneedhelp8420

Which of the following markets is described below? there are many firms in the market; entry into the market is easy; the products produced are similar or identical; and consumers information is imperfect. a. perfect competition b. monopoly c. monopolistic competition d. oligopoly

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Business, 28.08.2019 23:30, asims13

1what determines the difference between one market structure and another? 2 why is perfect competition not found in real markets? 3 how does a monopoly control the price of its product? 4 name three ways in which a monopoly differs from perfect competition? 5 why is product differentiation necessary for monopolistic competition? 6 why are firms in a oligopoly less independent in setting prices then firms in monopolistic competition? 7 what factors does the government consider in deciding whether to approve a merge? 8 why do economists generally favor deregulation of most industries?

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