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What are two characteristics of each type of competition and give an example of an industry that fits each type?
Wiki User
∙ 11y ago
monopoly
Wiki User
∙ 11y ago
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Each component in a mixture maintains its own characteristics?
heterogeneous mixture
Give one example in each method of mixture?
give one example for each methods
Relate each property that you listed to the characteristics of ionic bonds?
imdont know really
What is true about the elements in each group?
they all have smilar characteristics and similar atomic numbers.
What characteristics do balanced equations have?
They simply have the same numbers of atoms each element on one side of the equation as the other side.
Industry competition' definition?
The term competition means that there is more people or animals in you're way of winning or for animals eating .
What is a example of a competition?
I am not sure what exactly you are asking for, so I will base the answer from a business perspective. An example of competition is Coca-Cola and Pepsi. These two companies compete for business, market share, positioning, and revenues. While each company has other business lines under their banner, these two giants compete mainly and directly in the soft drink industry.
What does the competition commission UK do?
they make sure there is a healthy competition between the businesses that are competiting with each other, for example asda may be competing with morrisons ;) hahahaha
Compare monopoly and monopolistic competition?
A monopoly is a market which has only one firm, the firm has market power, and there are barriers to entry. The long run profits for a monopolist may be greater than zero. Monopolistic competition is more closely related to perfect competition than monopoly. In monopolistic competition, there are many firms in the market. However, each firm has product differentiation. An example of monopolistic competition would be the jeans industry. There are many different types/quality of jeans e.g. True Religion, Levi's and Lee's. Products are somewhat differentiated, but, as in perfect competition, the long run profit = 0. Oligopoly is a market in which there are only a few firms, each firm has market power, and there is much product differentiation between the firms. The long-run profit of oligopoly can be greater than zero, because there are barriers to entry in the market.
An example for each of the 4 market structures Pure competition monpolistic competition oligopoly monopoly Examples and why those companies are that market would be great?
a. c. b. d.
How is monopolistic competition like monopoly?
Monopolistic competition is an imperfect form of competition where the products sold by each competing company are similar, but not identical. An example is that of Android smartphones. So, although the supply of each phone product is a monopoly, a similar product from another manufacturer will be a suitable substitute for most consumers.
What is an example of competition in the taiga biome?
one example of competition in the artic is between polar bears and the artic wolf. both compete against each other for same source of food, which tend to be other animals you could also mention intraspecific competition between producers, for example in winter months when sunlight is scarce grass will compete for sunlight
What is example of competition?
An example would be two supermarket groups that sell petrol, each group trying to gain more customers than their rival by price undercutting.
How would you characterize the nature of competition in the restaurant industry. Are there submarkets with distinct competitive pressures. Are there important substitutes that constrain pricing?
Restaurants certainly compete with each other for business. There are many restaurants that serve the same style of food, and these restaurants are often in competition.
What are the negative effects of competition?
A disadvantage of competition can be the loss of local jobs, particularly in the manufacturing industry. As competition pushes prices of goods down firms may move offshore in search of cheaper labour in order to stay competitive. This can lead to some firms exploiting people in less developed countries and in extreme cases even child and or slave labour. Some industries do not lend themselves to competition. The main example commonly used is the supply of water to residential homes. It does not make sense to have multiple sets of pipes running to each home. In an industry such as this it is cheaper to have a monopoly firm, regulated by government to insure fair price and a minimal level of service.
What is monopolistic competition and perfect competition?
Three conditions characterize a monopolistic & Perfectly competitive market. First, the market has many firms, none of which is large. Second, there is free entry and exit into the market; there are no barriers to entry or exit. Third, each firm in the market produces a differentiated product. This last condition is what distinguishes monopolistic competition from perfect competition. In perfect competition in addition to the prior two characteristics the firms produces similar products.
When organism in a community have a contest against each other for the life requirements what are they doing?
They are having a competition
