In imperfect competition the producer is the price maker whereas in perfect the producer is the price taker. In imperfect no new competitors enter the industries hence super normal profits will continue to be realised, unlike in perfect comp
no
My heartfelt apologies, I don't mean to be rude. But, is this a loaded question? If it is a monopoly, there's no competition. Therefore you can determine the price any way you want. {eijgniy: hey there is such a market called monopolistic competition.
Market in Economics is the result of contanct between the buyers and sellers, as a result of which one product of a given quantity and trade mark is brought and sold at one place. Types of markets 1.on the basis of place or area , market is classified into three types: i)local market, ii) national market and iii)international market. 2.on the the basis of time market is classified into four types: i)market period, ii)short period, iii)long period and iv)secular market. 3.on the basis of degree of competition market is classified into three types: i) Perfect competition ii) Imperfect competition and iii) Monopoly
List some examples of government subsidies.
Business environment influences the business management with many aspects. Some of them are competition, change of technology, recession, company policies, management, advertising and the promotional aspects. Change in the customer's behavior also plays and important role in the business influence.
1. Explain in what sense the top management takes decisions for a company and in what sense it does not takes the strategic decisions for a company alone? Illustrate with suitable examples.
i am in my course work question so pls help me
arfasasr
an essay (about 500 words) on Generation Conflict. Explain with suitable examples; one from the Babus of Nayanjore
1 Explain listing process with suitable example & Diagram
For mates, territory and in comparison to others. (Like who is better.)
no
Perhaps. There are many myths surrounding the moon and Earth that explain the Earth's tilt and its imperfect shape.
The rising competition both home and abroad has been caused by the demand.
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monopolistic competition