0
What else can I help you with?
What is a market structure of the mining industry?
pure 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
Is the market structure of the flatbed scanner industry an oligopoly or monopolistic competition?
do your own BUSS1040 assignment
What type of market structure is subway?
Subway's market structure is a monopolistic competition. Subway competes in its industry in terms of similar price points for its products along with having similar products.
What does Economic profits in an industry suggest that the industry?
Economic profits in an industry suggest that the industry is operating efficiently and that firms within it are earning returns above the normal profit level. This can attract new entrants, leading to increased competition. Over time, as new firms enter, the supply may increase, which can drive prices down and reduce economic profits, moving the industry toward a long-term equilibrium. Ultimately, sustained economic profits may indicate that firms have a competitive advantage or that there are barriers to entry protecting them from competition.
What is a market structure of the mining industry?
pure competition
Illustrate how elements are utilized in the human body and in industry?
Illustrate how elements are utilized in the human body and in industry? Illustrate how elements are utilized in the human body and in industry?
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
Is the market structure of the flatbed scanner industry an oligopoly or monopolistic competition?
do your own BUSS1040 assignment
When a industry or business has no competition?
A monopoly is an industry or business having no competition.
Allowing competition in the power industry?
Baseload plants allow competition in the power industry.
What type of market structure is subway?
Subway's market structure is a monopolistic competition. Subway competes in its industry in terms of similar price points for its products along with having similar products.
What is the structure in a pure competition?
If you are referring to a "perfect competition"- you could define it as the most extreme type of competition, with many buyers . So, there are many companies selling the exact same product, without a restriction on new companies entering into the industry. If your sales accounted for in the industry are low (using percentage), you have a higher competition. On the contrary, if you have say 98% of sales in the industry you are monopolistic in competition. Examples of competitive industries would be clothing and textiles. Just for thought-There are many companies that sell these items.
How did economic goals for countries change as nationalist sentiments grew?
Competition for land, trade, and industry increased
What does Economic profits in an industry suggest that the industry?
Economic profits in an industry suggest that the industry is operating efficiently and that firms within it are earning returns above the normal profit level. This can attract new entrants, leading to increased competition. Over time, as new firms enter, the supply may increase, which can drive prices down and reduce economic profits, moving the industry toward a long-term equilibrium. Ultimately, sustained economic profits may indicate that firms have a competitive advantage or that there are barriers to entry protecting them from competition.
When perfectly competitive firms in an industry are earning positive economic profits, how does this impact market equilibrium and the long-term sustainability of the industry?
When perfectly competitive firms in an industry are earning positive economic profits, it attracts new firms to enter the market, increasing competition. This leads to a decrease in prices and profits until they reach a long-term equilibrium where firms earn normal profits. This process ensures the long-term sustainability of the industry by preventing excessive profits and encouraging efficiency.
Competition in the car industry?
Oligopolic!
