0
Which of the following markets is an example of monopolistic competition?
MeGustaCulo
bookbags
MeGustaCulo
Add your answer:
Earn +20 pts
2. Compare and contrast competition in traditional markets with that in digital markets.?
Compare and contrast competition in traditional markets with that in digital markets?
Can targeted marketing work as well in business markets as it does in consumer markets?
Sometimes. It depends on the market and competition in it. The rule of thumb is that it generally works very similiarly
What changes in society that affect the market for one company product's product or services?
Here are just a few. * Demographics * Economy * Competition * Local, national, and global markets * Media
What are factor markets and product markets?
Factor markets are markets for inputs into the workforce, such as labor markets, land markets, and capital markets. They represent items that are factors in the growth of business. Product markets are the the outputs produced by markets such as goods and services.
Risks walmart face when entering new market?
they can face stern competition form Tesco. who I have to say have done extremely in terms of entering new markets. They have started to do insurance, sim, credit cards and so fort.h
What are two types of competitive markets?
Monopolistic competition and oligopoly
How is monopolistic competition similar to perfect competition?
Monopolistic competition is a common market structure where many competing producers sell products that are differentiated from one anotherperfect competition occurs in markets in which no participant has market power
Why Monopolistic Markets Are Said to be Productivity inefficient in the Long run?
The lack of competition breeds complanency and inefficiency.
Types of imperfect competition?
Imperfect competition is a competitive market situation where there are many sellers, but they are selling dissimilar goods. There are four types of imperfect markets, one is a monopoly, an oligopoly, a monopolistic competition, and a monopsony.
Advantages and disadvantages of monopolistic competition?
Monopolistic competition can bring the following advantages:There are no significant barriers to entry; therefore markets are relatively contestable.Differentiation creates diversity, choice and utility. For example, a typical high street in any town will have a number of different restaurants from which to choose.The market is more efficient than monopoly but less efficient than perfect competition - less allocatively and less productively efficient. However, they may be dynamically efficient, innovative in terms of new production processes or new products. For example, retailers often constantly have to develop new ways to attract and retain local custom.
2. Compare and contrast competition in traditional markets with that in digital markets.?
Compare and contrast competition in traditional markets with that in digital markets?
2 Compare and contrast competition in traditional markets with that in digital markets?
Compare and contrast competition in traditional markets with that in digital markets?
What happens when markets don't have enough competition?
1. What happens when markets do not have enough competition?
An example of a company that is doing pure competition in the market?
markets for agricultural goods such as sugar and for finacial securities such as shares are the closest approximation to pure competition . in reality , pure competition doesnt exist
What is monopolistic competition?
In a monopolistic market a large number of sellers or producers sell differentiated products.It differs from perfect competition that the products sold by different firms are not identical. that is why in a monopolistic market sellers can sell differentiated products in slightly different prize.As example Nokia sells its Music Express phones in slightly higher prize than the other music phones of other companies because of its differentiated features.
Classify the following markets as perfectly competitive monopolistic or monopolistically competitive and explain your answers 1 Wooden pencils 2 copper 3 local telephone service?
Answering "http://wiki.answers.com/Q/Classify_the_following_markets_as_perfectly_competitive_monopolistic_or_monopolistically_competitive_and_explain_your_answers_1_Wooden_pencils_2_copper_3_local_telephone_service"
What markets comes closes to the model of perfect competition?
The question is incomplete. No options are given (for which of the following) to answer the question. firms face downward-sloping curves
