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What else can I help you with?
Is product of shampoo include in monopolistic or perfect competition?
Monopolistic Competition
Is the market structure of the flatbed scanner industry an oligopoly or monopolistic competition?
do your own BUSS1040 assignment
Is Best Buy an oligopoly or monopolistic competition?
monopolistic competition
What kind of market structure is the coffee industry?
My views are very much depend which focus area that you intend to discuss; 1) Coffee Plantation Industry is perfect competition 2) Coffee Retail Industry is Monopolistic Competition
What is the explanation for the features of monopolistic competition?
Existence of large firms, no competition and influence over the prices are some of the characteristics of monopolistic competition.
Is product of shampoo include in monopolistic or perfect competition?
Monopolistic Competition
Give an example of a monopolistic market industry?
the common examples of monopolistic competition are foods,clothes,newspaperetc
Is the market structure of the flatbed scanner industry an oligopoly or monopolistic competition?
do your own BUSS1040 assignment
Is Best Buy an oligopoly or monopolistic competition?
monopolistic competition
What are the basic market model?
There are four basic market models based on the amount of competition within the industry. They are pure competition, monopolistic competition, oligopoly, and pure monopoly.
What kind of market structure is the coffee industry?
My views are very much depend which focus area that you intend to discuss; 1) Coffee Plantation Industry is perfect competition 2) Coffee Retail Industry is Monopolistic Competition
What is the explanation for the features of monopolistic competition?
Existence of large firms, no competition and influence over the prices are some of the characteristics of monopolistic competition.
Which is the main difference between perfect competition and monopolistic competition?
In monopolistic competition, sellers can profit from the differences between their products and other products.
What are the disadvantages of household in monopolistic competition?
The disadventages of this is that ... well it sucks muahhahaha Disadvantages of a household in monopolistic competition are that a monopolistic competition work as one big industy and no one can start there own bussinesses because they government will not allow it.
Why is monopolistic competition inefficient compared to perfect competition?
Monopolistic competition is inefficient compared to perfect competition because firms in monopolistic competition have some degree of market power, allowing them to set prices higher than in perfect competition. This leads to higher prices for consumers and less efficient allocation of resources. Additionally, firms in monopolistic competition may engage in non-price competition, such as advertising, which can further reduce efficiency.
What does monopolistic competition and perfect competition have in common?
they maximize profit
What types of market structures in construction industry?
The construction industry typically exhibits characteristics of various market structures, including perfect competition, monopolistic competition, and oligopoly. In areas with many small contractors and low barriers to entry, perfect competition can occur. Monopolistic competition is common where firms offer differentiated services, while oligopoly may be present in large-scale projects dominated by a few major firms. Additionally, public sector projects may lead to monopolistic situations when a single contractor is awarded exclusive contracts.
