Home / Questions / Critically evaluate and explain: a. In monopolistically competitive industries, economic
Critically evaluate and explain:
a. In monopolistically competitive industries, economic profits are competed away in the long run; hence, there is no valid reason to criticize the performance and efficiency of such industries.
b. In the long run, monopolistic competition leads to a monopolistic price but not to monopolistic profits.
6. Why do oligopolies exist? List five or six oligopolists whose products you own or regularly purchase. What distinguishes oligopoly from monopolistic competition?
Dec 05 2019 View more View Less
Children’s use of pronouns. Clinical observations suggest that specifically language-impaired (SLI) children have great difficulty with the proper use of pronouns. This p...Aug 07 2020
A college graduate statistics class has eighteen students. The ages of these students are as follows: one student is 18 years old, two are 20, nine are 22, three are 24,...Apr 21 2020
Can you show me how to draw Mohr circle in detail scale and how to determine principal strains please? Also how to sketch the part (c) please? Please show me all part (a)...Apr 27 2020
On April 18, 2006, James W. Lull entered into a consignment agreement with Bowers and Merena for auction of his Standing Liberty quarter-dollar collection. On April 21, 2...Aug 14 2021
1. Assume that a $1,000 par value bond with a coupon rate of 7.5% (paid semi-annually) has 20 years to maturity.a. If the current rate of interest on bonds like this is 9...Sep 06 2020
2 نقطة (نقاط) السؤال 3 2-X the function f (x) = with domain (-5, -1) has: x+1 Absolute minimum only Absolute maximum only absolute maximum and absolute mimimum No absolute extremumApr 27 2021
Christine Lin was reviewing her credit card statement and noticed several charges that didn t look familiar to her. Christine is unsure whether she should pay the bill in...May 16 2020
Which issue primarily led to the breakdown in negotiations between the UAW and General Motors in 2007?A) layoffsB) salariesC) union powerD) health-care costs2) Unions are...Dec 12 2019
Eagle Sports Supply has the following financial statements. Assume that Eagle s assets are proportional to its sales. INCOME STATEMENT, 2015 Sales .................. $950...Apr 01 2020
Comment on the following:”any voided prenumbered shipping documents should be properly canceled and disposed of to eliminate any possibility of improper shipment of goods”.Apr 01 2020