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perfect competition

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Kelton Conroy

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3y ago

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Related Questions

Which market structure has the largest number of suppliers?

perfect competition


The market structure that is characterized by a small number of large firms that have some market power is called?

The market structure that is characterized by a small number of large firms that have some market power is called


What kind of market structure is gm?

The market structure is called oligopoly. Oligopoly is a market structure characterized by a small number of relatively large firms that dominate an industry.


Is it true that The number of suppliers that enter and leave the market has no effect on the amount of goods or services supplied?

False


Which element produce the largest number of lines?

Hydrogen produces the largest number of spectral lines due to its simple atomic structure.


Are the number of suppliers held constant along the market supply curve?

No, the market supply curve states that amount of goods that will be supplied within an economy at a given price.


Case study on monopoly market structure?

A case study on monopoly market structure indicates a number of things. In most cases, consumers are exploited as they do not have any alternative in a monopoly market.


Is Israel a market command or traditional economy?

Israel has a market economy. It has the second-largest number of startup companies in the world (after the United States) and the largest number of NASDAQ-listed companies outside North America.


Is Israel a market economy or command economy?

Israel has a market economy. It has the second-largest number of startup companies in the world (after the United States) and the largest number of NASDAQ-listed companies outside North America.


What factors determine the market structure of a particular industry?

there are four factors that determines the market structure of a particular industry they are: number of buyers and sellers information and mobility the nature of product. entry and exit of a firm from market.


Who provides the cycle number for inputting into DMO?

The cycle number for DMO (Direct Market Option) in SAP Ariba is provided by the buyer. This cycle number is used by suppliers to access the respective bid event for submitting their quotes or proposals. It helps to ensure that suppliers are able to participate in the correct sourcing event.


If there is a reduction in the number of suppliers for producing salt what happens to the supply?

If there is a reduction in the number of suppliers for producing salt, the overall supply of salt in the market will likely decrease. This reduction can lead to higher prices due to decreased competition among suppliers. As a result, consumers may face limited availability of salt, which could also drive up demand in the short term. Ultimately, the market may adjust over time, but the immediate effect is a contraction in supply.