12. What is the best example of competition in capitalism? When McDonalds and Burger King compete by creating different incentives for people to purchase. O When two people are trying to get hired at the same place of business. O When two people are trying to get the same position or raise at a company. All of the above are correct.

Is the market efficient or not? Why? 1- competitive market: 2-monopoly : 3-monopolistic competition : 4-oligopoly:

Consider Jimmy Choo designer shoes. In whatway does Jimmy Choo face many competitors? Inwhat way does Jimmy Choo face no competitors?

Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer.  Take care of plagiarism. Answer completely. You will get up vote for sure.

empirical evidence? 2. In 1964 the United States banned television advertising of cigarettes. Is it possible that the television advertising ban increased the cigarette industry's profits? Explain.