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OlgaM077 [116]
2 years ago
11

A special kind of imperfectly competitive market that has only two firms is called.

Business
2 answers:
pogonyaev2 years ago
8 0

Answer:

Duopoly

Explanation:

A special kind of imperfectly competitive market that has only two firms is called a duopoly

bagirrra123 [75]2 years ago
6 0

Answer:

The necessary characteristics for a market condition of perfect competition are as follow Prices in the marketplace are essentially controlled by the basic economic forces of supply and demand.In particular, sellers do not have any significant ability to control the prices of their goods or services.

Explanation:

hope this helps if not let me know

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emmasim [6.3K]

In the given scenario, the person who is likely to win and have the upper hand is Lance. It is because Byron’s action is clearly showing a disability discrimination of which he clearly stated as to why he did not hired him in the first placed because of his disability.

6 0
3 years ago
Which government policy will create the following results?
Scrat [10]

Answer:

Any type of government policy that restricts free trade and the movement of capital can trigger the aforementioned consequences. Thus, the limitation of companies to obtain economic benefits can make them decide to close their activities, leaving employees on the street (increasing unemployment), reducing the country's economic production (causing the country's real GDP to decrease), and ultimately, generating monetary lags due to lack of economic production, generating devaluations that lower the international price level of the country's products.

7 0
3 years ago
Which is not an intensity level of distribution?
nika2105 [10]
A.exclusive it’s not an intense level of distribution
4 0
3 years ago
If the MPC = .80, all taxes are lump-sum taxes, and the equilibrium GDP is $40 billion below the full-employment GDP, the size o
Sav [38]

Answer:

recessionary gap = 8 billion

so correct option is c) $8 billion

Explanation:

given data

MPC = 0.80

GDP = $40 billion

to find out

the size of the recessionary gap

solution

we get here first Multiplier  that is

Multiplier  = \frac{1}{1-MPC}     ..................1

Multiplier  = \frac{1}{1-0.80}

Multiplier  = 5

so recessionary gap will be

recessionary gap = \frac{GDP}{5}     ................2

recessionary gap = \frac{40}{5}

recessionary gap = 8 billion

so correct option is c) $8 billion

5 0
3 years ago
In the short run, with predetermined prices, when output is greater than planned aggregate expenditures:
katen-ka-za [31]

Answer:

The decrease in production, is the right answer.

Explanation:

The decrease in production because if the output is more than planned aggregate expenditure then the equilibrium point will be at a lower point. Thus, in order to reach the equilibrium level, the production has to decrease. Moreover, if the output is lower than the planned aggregate expenditure then the production should be increased to reach the equilibrium point.

5 0
3 years ago
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