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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.


What are the characterstics of a pure market economy?

A pure market economy is an economy where all major economic decisions are made by individuals and private firms. Therefore some characteristics would include freedom of enterprise, and consumer sovereignty.


Why is land market not a perfect market?

because it would be better in the sky


Why would the music industry be an example of an oligopoly?

The music industry is dominated by a few large firms which dominate the market, thus enabling the industry to exert its market influence. They also partake in collusion to ensure that barriers to entry into the music industry remain high for new firms to enter. The characteristics of an oligopoly are as follows: Few, large number of firms dominate the market. High barriers to entry Long run abnormal profits Price makers- have the ability to determine market price. Maximise profits where MC=MR. The music industry fits into the above characteristics and therefore is considered to be an oligopoly.


What would the equilibrium price and quantity be in a oligopoly market?

In an oligopoly market, the equilibrium price and quantity are determined by the interdependent pricing and output decisions of a few dominant firms. These firms often engage in strategic behavior, such as price collusion or price wars, which can lead to higher prices and lower quantities compared to a competitive market. The equilibrium is reached when firms balance their production levels with market demand while considering their competitors' actions. As a result, the equilibrium price may be higher and the quantity lower than in more competitive market structures.

Related Questions

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.


Which are the ways in which the media does not reflect the society we live in?

Not l owing what the market structures are makes it hard to know which relies on no price competition. Including what ten price structures are would help someone to know the answer.


Describe characteristics and give examples of prefect competition?

Perfect competition is a market structure where there are many small firms selling identical products, with no barriers to entry or exit. Characteristics include identical products, perfect information, ease of entry and exit, and no market power for individual firms. An example would be the agricultural market for corn or wheat.


Which three data structures are lost if a router is rebooted or loses power?

The data structures that would go down when the router is reset or losses power would be the incoming packets, outgoing packets, and your log in details.


If silicon bonded with three oxygen atoms how might the crystalline structures of silicate minerals?

If silicon is bonded to three oxygen atoms, it will form a silicate tetrahedron. Silicate minerals can have different crystalline structures depending on how these tetrahedra are arranged, such as in chains, sheets, or three-dimensional networks. This arrangement determines the physical properties of the mineral.


What are the characterstics of a pure market economy?

A pure market economy is an economy where all major economic decisions are made by individuals and private firms. Therefore some characteristics would include freedom of enterprise, and consumer sovereignty.


How would one describe a sphere?

There are various characteristics and attributes that would describe a sphere. A sphere is a perfectly symmetrically round or circular three dimensional object.


Which cell structure is represented by the three-dimensional diagram?

To accurately identify the cell structure represented by the three-dimensional diagram, I would need a description or visual reference of the diagram itself. Common cell structures include the nucleus, mitochondria, endoplasmic reticulum, and cell membrane, each with distinct shapes and characteristics. If you can provide more details about the diagram, I can help determine which cell structure it represents.


Which of the following would work as the thesis statement for a compare and contrast essay-?

The characteristics of three Mexican restaurants


Which organims would share the most characteristics?

Which organims would share the most characteristics


Why are structures so important?

because you live in them with out structures you would live on the streets


How do you compare the moons of mars to that of earth?

You would research the moons of both planets and then draw up a table showing the characteristics of all three. The table would illustrate their similarities and differences.