two or more producers are trying to sell the same good or service to the same consumers
two or more producers are trying to sell the same goods and service to the same consumers
Yes, Canada is a mixed economy. Thus there is going to be some degree of competition among "producers."
A. Pure competition D. Monopolistic competition E. Oligopoly
A. Pure competition D. Monopolistic competition E. Oligopoly
A. Pure competition D. Monopolistic competition E. Oligopoly
two or more producers are trying to sell the same goods and service to the same consumers
yes
Yes, Canada is a mixed economy. Thus there is going to be some degree of competition among "producers."
A. Pure competition D. Monopolistic competition E. Oligopoly
A. Pure competition D. Monopolistic competition E. Oligopoly
A. Pure competition D. Monopolistic competition E. Oligopoly
The following statement best describes the relationship between competition and a free market system: Competition increases within a free market system.
competween producers helps keep prices down in this type of economy?
command
yes but they don't have to worry because no one will produce more than they do
A competition between European imperial powers to control Africa
In a market economy, the competition between producers helps keep the prices down. This is an economic practice that is based solely on supply and demand.