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What exists when a large number of firms produce goods that are similar but are perceived by buyers as being different?
Monopolistic competition is when a large number of firms produce goods that are similar but are perceived by buyers as being different. When the entire supply of a product is from one seller it is a monopoly.
Difference between heterogenous and homogenous goods?
homogenous goods are similar in features, benefits and quality but are diferentiated based on price and availability. they are more difficult to find because the supplier is always trying to differentiate his product from the next similar product to win the consumer. examples could be sand or coal
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What are produce goods andconsumrr goods?
Consumer goods are market ready goods, producer goods are the input materials needed to manufacture consumer goods.
What is the meaning of income goods?
income goods means goods that were not used by producers. And outcome goods called produced goods
Did high tariffs hurt or help the American economy in the late 1800s?
American-made goods were less expensive than similar imported goods.
What are protective tariiffs?
They are taxes placed on imported goods to increase the price and protect locally produced goods which may cost more than the imported similar goods.
What is the term for a tax that makes goods imported by a country more costly than similar goods produced within that country?
A protective tariff.
How did protective tariffs benefit American manufacturers in the early 1800s?
American-made goods were less expensive than similar imported goods.
Can you trademark a saying that you are going to be putting on T-shirts?
Yes, assuming it is original and is not already trademarked on similar goods or copyright protected. However, you should realize that your trademark only protects the saying when applied to the T-shirts (or similar apparel) and would give you no particular right to prevent others from using the identical (or similar) trademark on unrelated goods or services (such as commercial goods or puffing some blog).
Who discussed whether a merchant should tell people more goods similar to his are on their way?
seneca
What exists when a large number of firms produce goods that are similar but are perceived by buyers as being different?
Monopolistic competition is when a large number of firms produce goods that are similar but are perceived by buyers as being different. When the entire supply of a product is from one seller it is a monopoly.
How are goods taken in and out of Dublin Ireland?
Dublin has an airport and a sea port, so goods come in and out by air and sea. Goods come in and out of Dublin by road and rail too. So the methods would be similar to most places in the world.
What is the German word for goods?
The German word is 'waren'. It's pronounced similar to the English word 'wares'
Do Africans shop in malls?
Yes. There are also markets that provide goods and services similar to those in malls.
What retailers offer leather goods?
Numerous retailers offer leather goods. One can buy a number of leather goods from Amazon including handbags, gloves, shoes and boots. One can buy similar items from Walmart and Wilsons Leather.
How would you describe homogeneous shopping goods?
Homogeneous shopping goods are those that are similar in quality but different in other characteristics. This difference in characteristics is sufficient for the customer to justify a search for the item.
