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damaskus [11]
4 years ago
9

A group of teens in your town meet and agree to charge a flat fee of five dollars per hour for babysitting. They charge the same

rate no matter how many children there are, or when the service is needed. Then they divide areas of town on a map between them, agreeing to only serve customers within their respective areas. Within weeks they have gained most of the business in town, driving out other teens that cannot lower their rates. The babysitting market in your town has become
A. monopolistically competitiveB. an oligopolyC. purely competitiveD. a monopoly
Mathematics
1 answer:
ivolga24 [154]4 years ago
5 0

Answer:

B. an Oligopoly

Step-by-step explanation:

A. monopolistically competitive

This options is not correct because the number os competitors is too small to talk about monopolistic competition.

B: an Oligopoly

This options is correct since market is controlled by just a few competitors.

C. purely competitive

this is wrong because the babysitters are not competing between them.

D. a monopoly

This option is wrong because there is more than one competitor.

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Step-by-step explanation:
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3 years ago
Please help me please​
lbvjy [14]
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2 years ago
What is a value of <br>-3+19​
natka813 [3]

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16

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6 0
3 years ago
Read 2 more answers
(7x²+2x+5)+(3x²-8x-10)
Mariulka [41]
First you would simplify the equation <span>(7x²+2x+5)+(3x²-8x-10) lets start with the first part 
</span><span>(7x²+2x+5) 
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Now you simplify the last part.
<span>(3x²-8x-10)
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7 0
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