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Market structures
Page 9
Questions (427)
One term for burger king is an example of this market structure
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One term for A market without government intervention
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Give any two example of monopolist market
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Explain how the price mechanism works in condition of perfect market
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Name two characteristics of an oligopoly
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Kopano
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One term for A market environment where these are sellers who produce similar or identical products is know as a ...market is a
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A market environments where there are few sellers who produce similar or identical products is know as a monopoly or oligopoly
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A perfectly competitive firm's short-run supply curve is its marginal cost curve below its average variable cost curve.
True
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In Exhibit 8-15, suppose the market price of mowing lawns falls to R10 per lawn. In this situation, E-Z-Care will:
permanently
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which economic practice helps motivate companies to keep prices low and improve product quality?
a combination b consolidation c
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.
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During the industrialization of the early 1900s, many businessmen attempted to create monopolies within their respective
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Which economic practice helps motivate companies to keep prices low and improve product quality?
(1 point) • combination •
3 answers
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Under perfect competition, no matter how much output is produced, the total revenue curve is:
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Under perfect competition, no matter how much output is produced, the total revenue curve is:
a positively-sloped line. a
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Diseconomies of scale cause the short-run marginal cost curve to slope upwards.
True False
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A perfectly competitive firm will shut down in the short run when marginal revenue equals marginal cost at a price less than
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Which of the following describes a market in which there are few competitors?
a. oligopoly b. monopoly c. cash equivalent d.
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Explain with the aid of the diagram the scenarios that explain government intervention in the market
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Which economic practice helps motivate companies to keep prices low and improve product quality?
1 answer
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There are only a few firms that produce At-Home Back Waxing Kits. Demand for these kits
is given by P = 50-2Q. There are 3 firms
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Saira Alavi
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Which is an example of an oligopoly?
a. many different soap companies giving consumers choices b. a few soda companies competing
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Question 1
Part 1 1.1 Describe the term externalities. (2) 1.2 What determines the optimum production level in a monopolistic
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Lower cost to allow for more money for research and development is an example of how which type of entity benefits the economy
A
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Marysol
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Which of the following describes a market in which there are few competitors?(1 point)
Responses stock market stock market
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Which is an example of an OLIGOPOLY
A Many different different soap, companies, giving consumers choices B A few soda companies
1 answer
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Marysol
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Which of the following describes a market in which there are few competitors?(1 point)
Responses monopoly monopoly oligopoly
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Which of the following describes a market in which there are few competitors?
oligopoly oligopoly monopoly monopoly cash
1 answer
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Parent Categories (7)
Business and Economics
Business/Economics
Economic Systems
Economics
Microeconomics
Supply and Demand
Venture Capital