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Market structures
Page 8
Questions (428)
1. List two characteristics of an oligopolistic industry.
1 answer
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Beanieboi
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What is a competitive market? Briefly describe the type of markets other than perfectly competitive markets.
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Characteristics of monopoly
1 answer
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Characteristics of duopoly
1 answer
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Characteristics of monopolistic competition
1 answer
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Characteristics of Monopoly market
1 answer
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Characteristics of Oliogopoly
1 answer
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Characteristics of a duopoly
1 answer
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Characteristics of Monopsony
1 answer
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Which of the following describes a monopoly ? Answer choices. One country takes control of an area to extract its resources and
1 answer
asked anonymously
12 views
Which of the following describes a monopoly?
(1 point) Responses One country takes control of an area to extract its resources
1 answer
asked by
random person
29 views
Lower costs to allow for more money for research and development is an example of how which type of entity benefits the
1 answer
asked by
someone
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In one to two sentences, identify one way monopolistic competition and monopoly market structures are the same and one way they
1 answer
asked by
lol
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In a perfect competitive market, the level of short run and long run economic profits are determined by. What?
5 answers
asked by
Raven
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In some cases, companies may band together to artificially set a price, using a practice known as what?
A. price discrimination
3 answers
asked by
m
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Explain why demand curve is horizontal in a price taker graph in economics. Explain in one sentence.
5 answers
asked by
Raven
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Which is an example of an oligopoly?
A lemonade stand run by a group of neighborhood kids A video game industry with a few large
1 answer
asked by
Someone
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If there was a monopoly market before then another company enters what market structure does thus affect
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asked anonymously
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Duopoly
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Does a duopoly market decrease consumer cost price
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Is 1 company is entering a monopoly market what market structure does this intervention affect
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If 2 companies is entering a monopoly market what market structure dies this is intervention affect
1 answer
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If 1 company is entering a monopoly market what market structure does this is intervention affect
1 answer
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Charectiestic of a monopoly market
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In the market for strawberries, individual firms face no barriers to entry, sell a homogeneous product, and have no control over
1 answer
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The demand curve faced by firms in a perfectly competitive market is horizontal to reflect the fact that _____.(1 point)
Response
1 answer
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Market Structures Quick Check
2 of 52 of 5 Items Question Which of the following is a barrier to entry that might be faced by a
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Monopolistically competitive markets and perfectly competitive markets share some similarities but differ in a number of ways.
1 answer
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Which of the following markets most likely features monopolistic competition?(1 point)
Responses A cable television market with a
1 answer
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A successful cruise ship manufacturer begins buying all of the businesses that supply the materials and technology involved in
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In one to two sentences, identify one way monopolistic competition and monopoly market
structures are the same and one way they
1 answer
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The highest degree of product differentiation is found in which of the following type of market structure?(1 point)
Responses
1 answer
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Which economic practice helps motivate companies to keep prices low and improve product quality?(1
1 answer
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In 2000, the Heinz corporation introduced a new green-colored ketchup. Sales for the green ketchup were low and within a few
1 answer
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Which economic practice helps motivate companies to keep prices low and improve product quality?(1 point)
Responses combination
1 answer
asked by
ghs
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In Japan's
economy, private businesses and individuals have the ability to set their own prices and to decide how much to based
1 answer
asked by
I WANNA DIE
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Which of the following describes a monopoly? (1 point) Responses One country takes control of an area to extract its resources
1 answer
asked anonymously
13 views
what is a sign of a free market economy
a no competition B few gov rules
1 answer
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?
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In one to two sentences, define open opportunity, consumer sovereignty, and voluntary exchange, and explain how they contribute
1 answer
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What is marginal revenue?(1 point)
Responses the total income that a firm generates from all sales of goods or services the total
1 answer
asked by
Kshultz32
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Write a reflection about your learning in this unit. Your reflection should be at least three sentences. Use the following
1 answer
asked by
Kshultz32
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In one to two sentences, identify one way monopolistic competition and monopoly market structures are the same and one way they
1 answer
asked by
Kshultz32
31 views
Which of these would most likely happen under a free market? Government regulator set maximum prices. Political influence
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9 views
4 of 54 of 5 Items
Question What does greater competition among sellers usually lead to? (1 point) Responses lower prices and
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Poughkeepsie is served by many competing supermarkets, which have the same constant
marginal cost. a. Using a graph of the market
1 answer
asked by
Saira Alavi
27 views
why is there no producer surplus in a competitve market?
1 answer
asked by
Saira Alavi
12 views
The Paraguayan edible sock market is perfectly competitive and has market demand that
can be represented by the equation P = 200
1 answer
asked by
Saira Alavi
26 views
How do monopolies impact a free market system?(1 point) Responses Monopolies ensure a fair distribution of resources. Monopolies
1 answer
asked by
who
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One term for A market structure in which one business has market power
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One term for A group of producers that co- ordinate their price and production levels
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Parent Categories (7)
Business and Economics
Business/Economics
Economic Systems
Economics
Microeconomics
Supply and Demand
Venture Capital