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Oligopoly, Pure competition, Monopolistic competition
Emery Sporer
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Which of the following are market structures that can exist in a free-market system?
OligopolyPure competitionMonopolistic competitionapex♥ lluvyanna.NO. I LOVE YANNA.
Why does poverty exist in a free market?
Poverty exists in a free market economy because people can choose how to make their money.
Why does poverty exist in a free market economy?
Poverty exists in a free market economy because people can choose how to make their money.
Why must private ownership of property be guaranteed before a free market economy will work?
Private ownership of property is essential to a free market economy. Without private ownership of property a free market economy cannot exist.
Why to study perfect competition if it does not exist in the real world?
By studying perfect competition, we can learn how much an ideally functioning market system might accomplish and we can compare it to real world market structures.
What best states the purpose of the laws against theft fraud and coercion that exist a free-market society?
To protect free choice
What best states the purpose of the laws against theft fraud and coercion that exist in a free-market society?
to protect free choice.. apex(:
Why is a free market a type of market failure?
In a free market, there is profit to be made by making the free market not a free market. Therefore, a completely free market destroys itself.
The free market system cannot exist without government regulations for what?
The profit motive undermines competition unless competition is protected.
What kind of market structure is Alcoa?
what are the market structures available in sri Lanka ?
What are the pros of a free-market economy?
In a free-market economy hard work and personal initiative equal success. All businesses exist to make a profit and competition allows them to compete and provide customers with a selection, and the ability to get the best price for their product. In the free market system poorly made or expensive products will be rejected from the marketplace by the consumers.
Free market system cannot exist without government regulations for what reason?
The profit motive undermines competition unless competition is protected.
