For each statement in the left column find and match convenient part from the right column of the table: Write your answer A. The market, represented by a group of sellers, unified by an agreement on its segmentation and final price of the production, is considered as ... 1. ... for the oligopoly B. The situation in which society undergoes losses due to high prices and low output is more typical for ... 2 ... for the price discrimination C. The market in which several sellers can affect and control the price of products in an industry is typical for ... 3. ... for the price competition D. The situation when a different price is given for the same product is typical for ... 4. ... for the market of imperfect competition E. Limited resources is the main factor determining the situation typical for ... 5. ... for the perfect competition F. The absence of the supply curve is typical for... 6. ... for the cartel G. The market with a large number of firms producing the fungible (substitutable) goods and services is typical for ... 7. ... for the competition H. The situation when for any volume of output, products are sold at the same price, is typical for ... 8. ... for the monopolistic market I. The less substitutes a product has, the nearer monopolistic competition is to a situation typical for ... 9. ... for a monopoly
For each statement in the left column find and match convenient part from the right column of the table: Write your answer A. The market, represented by a group of sellers, unified by an agreement on its segmentation and final price of the production, is considered as ... 1. ... for the oligopoly B. The situation in which society undergoes losses due to high prices and low output is more typical for ... 2 ... for the price discrimination C. The market in which several sellers can affect and control the price of products in an industry is typical for ... 3. ... for the price competition D. The situation when a different price is given for the same product is typical for ... 4. ... for the market of imperfect competition E. Limited resources is the main factor determining the situation typical for ... 5. ... for the perfect competition F. The absence of the supply curve is typical for... 6. ... for the cartel G. The market with a large number of firms producing the fungible (substitutable) goods and services is typical for ... 7. ... for the competition H. The situation when for any volume of output, products are sold at the same price, is typical for ... 8. ... for the monopolistic market I. The less substitutes a product has, the nearer monopolistic competition is to a situation typical for ... 9. ... for a monopoly
Chapter9: Monopolistic Competition And Oligoply
Section: Chapter Questions
Problem 11SQP
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Question
For each statement in the left column find and match convenient part from the right column of the table:
Write your answer
A. The market, represented by a group of sellers, unified by an agreement on its segmentation and final price of the production, is considered as ...
1. ... for the
oligopoly
B. The situation in which society undergoes losses due to high prices and low output is more typical for ...
2 ... for the price discrimination
C. The market in which several sellers can affect and control the price of products in an industry is typical for ...
3. ... for the price competition
D. The situation when a different price is given for the same product is typical for ...
4. ... for the market of imperfect competition
E. Limited resources is the main factor determining the situation typical for ...
5. ... for the perfect competition
F. The absence of the supply curve is typical for...
6. ... for the cartel
G. The market with a large number of firms producing the fungible (substitutable) goods and services is typical for ...
7. ... for the competition
H. The situation when for any volume of output, products are sold at the same price, is typical for ...
8. ... for the monopolistic market
I. The less substitutes a product has, the nearer monopolistic competition is to a situation typical for ...
9. ... for a monopoly
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