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When the excess capacity problem under monopolistic competition becomes greater there will be?
When the excess capacity problem under monopolistic competition becomes greater, firms tend to operate below their optimal output levels, leading to inefficiencies in production. This can result in higher average costs and reduced competitiveness as firms struggle to cover fixed costs. Additionally, consumers may face limited choices and higher prices due to the reduced incentive for firms to innovate or improve their offerings. Overall, the market may experience less dynamic competition and slower economic growth.
In the simple economics of a competitive market price increase under which condition?
Answering "http://wiki.answers.com/Q/In_the_simple_economics_of_a_competitive_market_price_increase_under_which_condition"
What does under armour do with excess clothing?
Armour will protect your body, but will be very bulky with excess clothing.
Can science stream 11th and 12Th students take commerce in under graduation?
Yes they have to because they need to know market condition and get closer with business markets
What do you understand by market?
market failure is a term used in Economics to denote a condition in which free markets are not able to perform under the certain preassumptions made by economists. The main four reasons for market failure are monopoly power,externalities,public good and information failure.
What do you understand by the market?
market failure is a term used in Economics to denote a condition in which free markets are not able to perform under the certain preassumptions made by economists. The main four reasons for market failure are monopoly power,externalities,public good and information failure.
What is the difference between rated cooling capacity and the nominal cooling capacity of an air conditioner?
Rated cooling capacity represents the actual cooling output that the air conditioner can provide under specific conditions, while nominal cooling capacity is the manufacturer's stated maximum capacity in ideal conditions. The rated cooling capacity is a more accurate representation of a unit's performance in real-world scenarios.
When was One Market Under God created?
One Market Under God was created in 2000.
What is the process for turning in a leased car that is under mileage?
To turn in a leased car that is under mileage, you typically need to schedule an inspection with the leasing company. They will assess the condition of the car and verify the mileage. If everything checks out, you can return the car and potentially avoid any excess mileage fees.
What is market equilibrium under perfect competition?
it is a state in which market demand = market supply
How is price determined under imperfect market?
Remember under this market there's a government intervention.the Government determine the prices of the market by using the minimum(the minimum that the market can charge) and maximum wage(Maximum that the market can charge)
What are the Condition under which market may fail to be ethically and economically efficient?
Let us define market failure to mean the inability of producers to supply a product at a price for which consumers are willing to pay. When the market is dealing in a good that is economically destructive and ethically bad. A failure of the Crystal Methamphetamine market would be good. Law enforcement could prevent production or delivery and thus cause market failure.
