Which aspect of monopolistic competition gives consumers more choice

Asked by maham237 @ 29/12/2020 in History viewed by 332 People

Which aspect of monopolistic competition gives consumers more choice?
Producers rely on consumer decisions to succeed.
Price is not an important factor.
Few barriers to market entry exist.
Producers are more concerned about selection than profits.

Answered by maham237 @ 29/12/2020

Few barriers to market entry exist.

In modern competitive market consumer is regarded as the

Asked by admin @ 13/08/2021 in Business Studies viewed by 339 persons

In the modern competitive market, consumer is regarded as the ________.(Fill in the blank by choosing correct option) a) King b) Agency c) Superintendent.

Which best describes how advertising influences consumer choice in an oligopoly?

Asked by maham237 @ 19/12/2020 in Social Studies viewed by 289 persons

Advertising coaxes people to buy new products. Advertising alerts consumers to price reductions. Advertising undermines competition. Advertising informs brand knowledge.

A monopolistically competitive market has characteristics that are similar to

Asked by admin @ 26/11/2021 in Business viewed by 270 persons

A monopolistically competitive market has characteristics that are similar to:a. a monopoly only.b. a competitive firm only.c. both a monopoly and a competitive firm.d. neither a monopoly nor a competitive …

Both purely competitive and monopolistic firms are price takers

Asked by maham237 @ 05/01/2021 in Business viewed by 326 persons

Which of the following is a correct statement? a) Both purely competitive firms and monopolistic firms are "price makers". b) A purely competitive firm is a "price-taker" and a monopolistic …

Give two examples of producers and two examples of consumers

Asked by admin @ 02/08/2021 in Biology viewed by 350 persons

Question 20: Explain the terms ‘producer’ and ‘consumer’. Give two examples of producers and two of consumers. Lakhmir Singh Biology Class 10

A major difference between monopolistic competition and perfect competition is

Asked by admin @ 28/10/2021 in History viewed by 314 persons

Which is the main difference between perfect competition and monopolistic competition?

When a monopolistically competitive firm is in long run equilibrium

Asked by admin @ 22/11/2021 in Business viewed by 272 persons

When a monopolistically competitive firm is in long-run equilibrium, a. marginal revenue is equal to marginal cost. b. average total cost is minimized. c. marginal revenue is tangent to average …

Which best states the main difference between a monopoly and monopolistic competition

Asked by maham237 @ 19/12/2020 in Business viewed by 345 persons

A monopoly involves no competition at all while pure competition involves a high level of competition. A market structure with pure competition is much easier to establish than a monopoly. …

The downward sloping demand curve for a monopolistically competitive firm

Asked by admin @ 07/11/2021 in Business viewed by 274 persons

Since a monopolistically competitive firm faces a downward-sloping demand curve, its price will be _____ revenue

In monopolistically competitive markets free entry and exit suggests that

Asked by admin @ 28/10/2021 in Business viewed by 252 persons

In monopolistically competitive markets, positive economic profits A. suggest that some existing firms will exit the market. B. suggest that new firms will enter the market. C. are sustained through …

Match the logical fallacy to the correct definition. match term definition ----incorrectly assumes that one event causes another a) fear claims that one -------action leads to a series of undesirable events b) false dichotomy claims ---------something is true because most people agree c) slippery slope appeals to ------the desire to be safe d) popularity gives two choices, one of which is not -------truly an option e) post hoc

Asked by maham237 @ 13/01/2021 in English viewed by 531 persons

Write two paragraphs to compare and contrast the narrators’ schools and explain how their schools shape their perspectives toward the hijab. cite evidence from the text to support your ideas.

Asked by evette57 @ 13/09/2022 in History viewed by 1753 persons

Which aspect of monopolistic competition gives consumers more choice

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