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Rama09 [41]
3 years ago
9

A monopolistically competitive market A. is imperfectly competitive, and all imperfectly competitive markets are monopolisticall

y competitive. B. is imperfectly competitive, whereas an oligopolistic market is not imperfectly competitive. C. is not imperfectly competitive. D. is imperfectly competitive, but not all imperfectly competitive markets are monopolistically competitive.
Business
2 answers:
Vlad1618 [11]3 years ago
5 0

Answer:

B

Explanation:

To answer this question properly, a grasp of what is meant by the technical terms is needed. Firstly we need to understand what a monopolistically competitive market is. In its simplest term, it is a type of market in which many firms sell similar products that are not identical.

This type of market is one that we can tag as imperfectly competitive. It is imperfectly competitive because the products are only similar, they are not identical. The products would have been perfectly competitive if they had been identical which of course is not the case here. Hence, we can say that a monopolistically competitive market lacks the features that would have make it be a perfect competitive market.

Now we said an oligopolistic market is not imperfectly competitive. This means we agree to the fact that it is perfectly competitive. In an oligopolistic market, there are a number of firms such that on one firm can keep the other firm from having a significant influence in the market. Hence, simply because a firm would affect the market to a particular extent, we can see that there exists a kind of perfect competition amongst the firms, as each of the firms in the market to an extent have a leverage over the market and cannot be stopped from wielding its influence

Gala2k [10]3 years ago
4 0

Answer:

D. is imperfectly competitive, but not all imperfectly competitive markets are monopolistically competitive.

Explanation:

Monopolistic competition may be seen as a variety of competition that determine the characteristics of variety of industries that are familiar to consumers in their day-to-day lives. For instance, restaurants, hair salons, clothing, and consumer electronics are all monopolistic competitive market but not all imperfectly competitive markets are monopolistically competitive.

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When corruption is evident in governments the result is that
valentinak56 [21]

Answer: Industries have more difficulty opening since they will have to resort to bribes from government people.

Explanation: When corruption is very marked in a country, many people know that the way to obtain benefits is through certain bribes. In the case of industries, in order for them to open they have to resort to bribes made by government personnel to have the opportunity for their construction to take place.

8 0
3 years ago
Violet, William, and Xavier are partners in a partnership that sells medical devices. Violet and William each contributed $100,0
mafiozo [28]

Answer:

d. purchase the machine because each partner has one vote in management matters

Explanation:

Since in the question it is mentioned that the partners vote whether or not to buy a new machine for $100 so the violet and William would agree on this but Xavier does not agree

Now according to this situation the machine should be purchased as each partner vote is necessary also there is a majority of 2 person to buy the machine

hence, the option d is correct

8 0
3 years ago
During regular economic times in Canada, the maximum length of time a worker can collect employment insurance is 26 weeks. Durin
DochEvi [55]

Answer:

a) encourage people to search longer for a job.

c) prolong the amount of time a person stays out of work.

d) increase the number of workers looking for work.

Explanation:

7 0
3 years ago
Suppose only two countries existed in the world. Country A imported $200 million worth of goods and services from Country B. Cou
tigry1 [53]

Answer:

C. Country A equals –$100 million.

Explanation:

Imports from Country B to Country A = $200 million

Imports from Country A to Country B = $100 million

Imports for one country represents exports to another.

Net exports is the difference between exports and import for a country.

Net exports for country A = $100 million - $200 million = - $100 million

Net exports for country B = $200 million - $100 million = $100 million

Right option is C. Country A equals –$100 million. Country's A export is less than it's import.

6 0
3 years ago
How do I answer this?
Kay [80]
D then c and then the g chord
5 0
3 years ago
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