Which of the following can create monopolies? a. Economies of scale b. Scarce resources c. Agressive business tactics d. Government intervention

Q: What are monopolies and oligopolies? How do they tend to differ from businesses in a market where…

A: Both monopolies and oligopolies are the imperfectly competitive markets. The monopolies are a market…

Q: In which of the following situations would Maria's Doughnut Shop have the MOST market power? Select…

A: Market power refers to a firm's decision-making ability and changing the market price level above…

Q: Agriculture, or farming, is a decent example of which type of economic market? a. oligopoly b.…

A: Agriculture or farming is mostly considered as perfectly competitive market because homogeneous…

Q: A market in which there are only a few firms and each is able to influence the market price is…

A: Oligopoly market:   The oligopoly market is the market structure with small number of large seller…

Q: 1. What is the advantage and disadvantage of monopolies which exploit the consumer can exist. 2.…

A: "Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: min

A: Progressivism was a powerful political and social force and many Americans tend to consider…

Q: Monopolistic competition is a market structure that has elements like ... Group of answer choices…

A: A) in perfect competitive market:-   1) in perfect competitive market, there are many number of…

Q: in capitalism what does competition do for the consumer   A.It limits the number Of choices…

A: In economics, capitalism is free market economy where there is no restrictions on entry and exit of…

Q: Use the concept of the ‘Economic Moat’ and explain the barriers to entry that your company has…

A: Economic Moat An economic moat is also called a "competitive advantage." A company with economic…

Q: if competition is so beneficial for society, why does the U.S. Government all and promote monopolies…

A: A market structure known as a monopoly is one in which there are only one or two suppliers of the…

Q: In which market model must firms take into account the actions of their competitors before they can…

A: In perfect competition and monopolistic competition, there are numerous sellers. Under monopoly,…

Q: Which of the following is not a characteristic of a monopolist?    A. A monopolist can sell as much…

A: Monopolist : A Monopolist exists in an imperfectly competitive market. He is a single seller of a…

Q: Perfect competition and monopoly are the two extremes of market structures. Discuss the difference…

A: The structure that depicts the way in which firms are being categorized and differentiated being…

Q: This is a business structure organized to control production of reach member to command higher…

A: "Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: A market structure where the firms exhibit very interdependent behavior and have a tendency to…

A:

Q: is an organization created a formal agreement between a group of producers of a good or service, to…

A: Cartel is an organization created a formal agreement between a group of producers of a good or…

Q: Comparing Monopoly to Competitor. In each case, circle the one that is greater. Output: Monopolist /…

A: The profit maximizing condition for the monopolist is MR = MC The profit maximizing condition for…

Q: Write a sentence or two defining the following terms in your own words. Give examples of each. a.…

A: A) oligopoly is a Market structure in which there are few big sellers selling substitute goods . In…

Q: How do monopolies play into the treadmill of production and consumption on a larger scale?

A: A monopoly has following features: Firms are the price maker. Aim of a monopolist is to maximize…

Q: AT&T competes against several other cell phone providers. Products are slightly different and…

A: AT&T Inc. is a company in the US  which is headquarters in Texas but has multinational…

Q: Because a monopolistic competitor has some monopoly power, advertising to increase that monopoly…

A: Because a monopolistic competitor has some monopoly power, advertising to increase that monopoly…

Q: Do monopolies overallocate or underallocate their resources?

A: Monopoly is a form of market structure in which a single firm sells a commodity for which there are…

Q: Why might a government try to prevent monopolies or oligopolies from forming in a market? And how…

A: A monopoly refers to a market in which there is only a single seller of a commodity. The seller has…

Q: Why might governments seek to regulate monopolies? A. Most monopolies are created through corrupt…

A: A monopoly market is one in which there is only one vendor of a commodity who is not competing with…

Q: A market structure with barriers to entry is A. perfectly competitive. B. monopolistically…

A: A marketplace structure with barriers to entry typically refers to a scenario in which there are…

Q: 1. What is market structure? 2. Describe oligopsony and give an examples. 3. Distinguish monopoly…

A: 1) Market structure, in financial aspects, portrays how firms are separated and sorted in view of…

Q: Which particular market structure has no barriers to entry and to exit?  A. pure competition B.…

A: The market structure can be divided into four based on the degree of competition and the type of…

Q: an individual was studying the economic policies designed to stimulate the country’s economy out of…

A: Macroeconomics deals with performance, structure, growth and behavior be of entire economy.

Q: 1. What are the major characteristics of a monopoly along with the different barriers to enter.…

A: Since you have provided multiple questions, we will solve the first question for you. If you want…

Q: Price competition in an oligopoly leads to a high probability of : a. higher prices b. price…

A: An oligopoly is a market structure characterized by a small number of large firms that dominate the…

Q: Monopolistic competition has which drawback compared to a monopoly?

A: From the side of consumer monopolistic competition is always better than monopoly but in case of…

Q: Which of the following market structures has the fewest number of large firms? a. Monopolistic…

A: Firms in the market compete with each other in order to maximise their profits. Market structure is…

Q: n any industry, what motivates potential rivals to enter the market? a.average profit b.high profits…

A: The  market is a place where potential buyers and sellers come together to make trade to satisfy…

Q: monopolistically competitive, oligopoly, or a monopoly good. a. Sushi Restaurants b. Blueberries c.…

A: Disclaimer: “Since you have asked multiple questions, we will solve the first 3 questions for you.…

Q: 2. Briefly explain why the following statements are TRUE or FALSE: A monopolist produces the…

A: Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: A market structure that is “monopoly” is NOT ... Group of answer choices   a. production efficient…

A: Monopoly is the example of imperfect competitive market structure where only single seller sale the…

Q: The major difference between monopolistic competition and monopoly is a. how the quantity of output…

A: A monopoly is the sole producer of a good in the market whereas in a monopolistic competitive market…

Q: a Suggests why prices tend to stay rigid b. Illegal in the United States. c. Suggests that…

A: An oligopoly is a market structure in which a small number of firms dominating the market. The…

Perfect Competition

It is the structure of the market that is said to exist when with many buyers and sellers exchanging similar commodities and its price is fixed by the market forces, demand, and supply, and a single firm cannot cause an impact over the price or market value of the homogenous product. This structure of the market is called perfect competition.