Edward Chamberlin defined the market structure <span>monopolistic competition, which describes a market with </span><span><span>imperfect competition characterzied with many producers who sell products that are differentiated from one another and hence are not perfect substitutes</span>.</span>
<span>The following industries operates under a market structure of monopolistic competition</span>: clothing industry and soft drink industry.
The correct answer is Interchangeable
Interchangeability it is a feature of assembly, fitting or replacement between two or more interconnected or interconnected components and is not dependent on adjustments in the eventual replacement of one or more of these items for the replaced or replaced functions to be fully.
Answer:
In a command economy, the system is controlled by the government. A mixed economy is partly run by the government and partly as a free market economy, which is an economic system that includes no government intervention and is mainly driven by the law of supply and demand.
Upon Solomon's death, his son, Rehoboam, succeeds him. However, ten of the Tribes of Israel refuse to accept him as king, splitting the United Monarchy in the northern Kingdom of Israel under Jeroboam, while Rehoboam continues to reign over the much smaller southern Kingdom of Judah.