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The fallacy of "feeding the hair" refers to the misleading claim made by some cosmetics firms that external products can nourish hair from the outside, similar to how food nourishes the body. Hair is composed of keratin, a protein that is not alive and cannot absorb nutrients in the same way living tissues do. Instead, the health of hair is largely dependent on internal factors, such as diet and overall health, rather than topical treatments. Thus, claims of "feeding" hair with products can be considered deceptive and scientifically unfounded.

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What is an characteristic of oligoply?

An oligopoly is characterized by a market structure where a small number of large firms dominate the industry. These firms have substantial market power which allows them to influence prices and other market outcomes. Oligopolies often involve interdependence among firms, with decisions by one firm impacting the actions of others in the market.


Does processing firms move raw materials to factories and finishedgoods rto markets?

Yes, processing firms typically transform raw materials into finished goods within their facilities before they are transported to markets for sale. The processing firms add value to the raw materials through manufacturing and assembly processes, making the goods ready for distribution and consumption in the markets.


The long run is a time period in which?

The long run is a time period in which all inputs can be varied and firms can enter or exit the market. This allows for adjustments to production levels and for firms to make changes in response to market conditions or technological advancements.


What are the 4 basic market structure and explain how they differ from one another?

The four basic market structures are perfect competition, monopolistic competition, oligopoly, and monopoly. Perfect competition has many small firms producing identical products, while monopolistic competition has many firms selling similar but not identical products. Oligopoly has a few large firms dominating the market, while a monopoly has a single firm controlling the entire market. The main difference between them lies in the number of firms in the market and the level of product differentiation.


What is concentration of production?

Concentration of production refers to a situation where a significant proportion of a certain good or service is produced by a limited number of firms or producers in the market. This can result in market dominance by a few key players, potentially leading to reduced competition and increased market power for those firms.

Related Questions

Since the hair shaft is dead explain the fallacy of feeding the hair as claimed by cosmetics firms?

feeding the hair claims by cosmetic firms are wrong because hair is fed by food that goes in the body. Replacing oils lost from shampooing can be healthy for hair.


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Why big accounting firms carry out superior audits than medium and small accounting firms?

accounting firms carry out superior audits than small accounting firms


Why big accounting firms carry out superior audits than small and medium accounting firms?

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