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What happens to the market is that
without competition the price of the product will be increased, which means the consumers will need more money for the needed product, as according to the 'law of demand' when the price of a product increases rapidly the country will suffer from the deflation.
What else can I help you with?
What is a way to prevent market failure from inadequate competition is for the government to?
One way for the government to prevent market failure due to inadequate competition is to enforce antitrust laws, which aim to prevent monopolies and promote fair competition among businesses. By regulating mergers and acquisitions that could reduce competition, the government can ensure a diverse marketplace. Additionally, the government can support the entry of new firms into the market through subsidies or reduced regulatory barriers, fostering a competitive environment that benefits consumers.
What is the result of competition between sellers?
Lower prices.
What are examples of inadequate competition?
Inadequate competition can manifest in several ways, such as monopolies where a single company dominates the market, stifling innovation and consumer choice. Oligopolies, where a few firms control a large market share, can also limit competition, leading to price-fixing and reduced incentives for improving products. Additionally, barriers to entry, like high startup costs or regulatory hurdles, can prevent new competitors from entering the market, further entrenching the dominance of existing players.
What is the typical result of competition between businesses?
bette quality for lower price
Why is specialization a common result of free trade?
competition encourages countries to specialize in what they do best
What problem occurred as a result of unanticipated urbanization?
One problem that occurred as a result of unanticipated urbanization is overcrowding. Cities that experience rapid and unplanned growth often struggle to accommodate the influx of people, leading to inadequate housing, strained infrastructure, and increased competition for resources. This can result in a decline in living standards and social unrest.
True or false an inadequate supply of calcium in the early years may result in a child who is shorter and less intellectually-able?
an inadequate supply of calcium in the early years may result in a child who is shorter and less intellectually-able?
Which of these is likely to result in the most competition?
The list of choices posted along with the question doesn't include anything that's likely to result in any competition at all.
What is a way to prevent market failure from inadequate competition is for the government to?
One way for the government to prevent market failure due to inadequate competition is to enforce antitrust laws, which aim to prevent monopolies and promote fair competition among businesses. By regulating mergers and acquisitions that could reduce competition, the government can ensure a diverse marketplace. Additionally, the government can support the entry of new firms into the market through subsidies or reduced regulatory barriers, fostering a competitive environment that benefits consumers.
What is the result of competition between sellers?
Lower prices.
What is formed as the result of inadequate carbohydrate consumption?
Inadequate carbohydrate consumption can lead to low energy levels, weakness, fatigue, and potentially ketosis, where the body breaks down fat for energy. Long-term low carbohydrate intake may also lead to nutrient deficiencies and impact overall health.
What is the result of direct competition in nature?
Extinction of the loosing species
What are examples of inadequate competition?
Inadequate competition can manifest in several ways, such as monopolies where a single company dominates the market, stifling innovation and consumer choice. Oligopolies, where a few firms control a large market share, can also limit competition, leading to price-fixing and reduced incentives for improving products. Additionally, barriers to entry, like high startup costs or regulatory hurdles, can prevent new competitors from entering the market, further entrenching the dominance of existing players.
Scarcity of resource and a growing population are most likely to result in?
Competition
What may happen over time as result of competition?
You lose the game
What is inadequate living space?
Inadequate living space refers to a situation where the available space in a living environment is insufficient or inadequate to meet the needs of the residents. This can result in overcrowding, lack of privacy, and compromised living conditions. It can also lead to physical and mental health issues for the occupants.
After-action reports from ineffective incident responses find that response problems are far more likely to result from?
Inadequate management
