Market structure is distinguished by several characteristics

Assignment Help Business Economics
Reference no: EM13998822

An oligopolistic market structure is distinguished by several characteristics, one of which is either homogeneous or differentiated products. What are some other characteristics of this market structure? Check all that apply

-Neither mutual interdependence nor mutual dependence

-Market control by many small firms

Difficult entry

Mutual interdependence

Market control by a few large firms

Reference no: EM13998822

Questions Cloud

Advantage does the xerox corporation exhibit : What unique competitive advantage does the xerox corporation exhibit? and do you consider this to be sustainable competitive advantage?
Effectiveness from a business perspective : Fiscal policies is a tool used by government to stimulate the economy. This week we will consider monetary policies - these are policies implemented by Fed to support sustainable growth, support high employment and keep prices stable in the US econom..
What elements are tangible vs intangible : Consider one of these purchases: health care, a car, a time share condo. What elements are tangible vs. intangible? How do the tangible vs. intangible components contribute to your satisfaction or dissatisfaction with the consumption?
Is the curve positively or negative slopped : Bill Katz prefers more of good 1 to less and he prefers less of good 2 to more. Bill has convex preferences. Draw his indifference curve with good 1 on the horizontal axis and good 2 on the vertical axis. Is the curve positively or negative slopped? ..
Market structure is distinguished by several characteristics : An oligopolistic market structure is distinguished by several characteristics, one of which is either homogeneous or differentiated products. What are some other characteristics of this market structure?
If the price in market happens to be above equilibrium : If the price in a market happens to be above equilibrium, there will be a ___ in the market, and the price will tend to ____
Do you think the change in real gdp reflects : Consider how each of the following events is likely to affect real GDP. Do you think the change in real GDP reflects a similar change in economic well-being?
A reduction in the price of normal good : A reduction in the price of a “normal good” will result in
Budget constraint is the rate of exchange in the market : The slope of a budget constraint is the “rate of exchange” in the market. What is the slope of an indifference curve? a. The marginal utility of the product being purchased and consumed. b. The relative marginal consumption value. c. The opportunity ..

Reviews

Write a Review

Business Economics Questions & Answers

  Cash flow associated with termination of the project

You are considering expanding your product line that currently consists of skateboards to include gas-powered skateboards, and you feel you can sell 9,000 of these per year for 10 years. What are the annual free cash flows associated with this projec..

  Q1 dynamic rather than static demand and supply conditions

q1. dynamic rather than static demand and supply conditions are typically observed in markets of real world. hence

  Illustrate what steps would your group have

Illustrate what steps  would your group have to take to drive our country out of this economic slowdown and towards a more prosperous America.

  What is the estimated real rate of interest

Suppose you purchase a $5,000 bond that pays 7 percent interest annually and matures in five years. if the inflation rate in recent years has been steady at 3 percent annually, what is the estimated real rate of interest?

  What will happen to price paid by us consumers

What will happen to price at which fisherman can sell lobsters. What will happen to price paid by U.S. consumers. What will happen to quantity consumed by U.S consumers.

  Which should take longer to reach the long-run equilibrium

Describe the difference in economic profit between a competitive and a monopolistic in both the short and long run. Which should take longer to reach the long-run equilibrium?

  What is level of production-price and total prot per week

What is the level of production, price, and total prot per week? What will be the level of production and price if the market was perfectly competitive? What is the welfare cost of monopoly?

  Illustrate young adults at random to serve in the army

Suppose a nation picks 1000 young adults at random to serve in the army. Illustrate what information do you need to determine the cost of using these people in the Army.

  Economic activities

A used car dealer purchased my 1992 Ford Tempo for $1,000. He paid a worker $200 to wash it. He purchased four tires for a total of $400 to replace the existing tires on the car. He sold the car for $4,000. All these economic activities took place in..

  Illustrate what techniques for changing organizational

Illustrate what techniques for changing organizational culture has Google used to form its culture.

  Explain how does a decrease in foreign price levels affect

Explain how does a decrease in foreign price levels affect domestic aggregate expenditures and demand. How is the aggregate supply curve different from the supply curve for a single good, like pizza.

  R-square from the bp regression

Explain why the R-squared from the regression from F test will always be at least as large as the R-square from the BP regression.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd