is the market model that would best describe local telephone, electric, or gas utilities. Multiple Choice Monopolistic competition Oligopoly Perfect competition Monopoly O G
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- Suppose that a particular industry has a four firm concentration ratio of 45 and a herfindaji index of 1540 most likely this industry would achieve. Multiple choice. .Both productive efficiency and allocative efficiency .allocative efficiency but not productive efficiency .neither productive efficiency nor allocative efficiency .productive efficiency but not allocative efficiencyThe iarline industry is best classified as monopolistically competivie, oligopoly, competitive or monopoly?Explain in what sense historical accidents can play an important role in establishing a center (or a cluster) of an industry when the industry is strongly influenced by external economy in a monopolistic competition.
- This is a Microeconomics problem. (a) Give 2 reasons why the market structure of monopolistic competition may not necessarily require government regulation the way a monopoly market would. (b) What is a reaction curve in an oligopolistic market? (c) Describe the Stackelberg model and explain how the first mover in such a model gets an "advantage"?Use Porter’s competitive framework to do a competitive analysis on the streaming industry. Specifically assess the: a. Threat of new entrants into the market b. Power of suppliers c. Power of buyers d. Competitive rivalryWhat type of market structure does Morton salt company opporate
- Provide examples of commodities listed in the Philippines that might be described by the following models: Bertand, and Monopolistic Competition and justify your answers and show graphProduct differentiation is an essential characterstics of oligipolistic market structures.do you agree?ExplainFor each of the following characteristics, say whether it describes a monopolistic competitive or oligopoly market, both or neither. There is a single model to explain the firm's behavior. Firms in this market produce the socially efficient level of output. Firms make zero economic profit in the long run. Market is dominated by a few firms. Strategic behavior is very important. EditViewInsertFormatToolsTable 12pt Paragraph
- Adani Shantigram is a picturesque township on Ahmedabad-Gandhinagarhighway. The statement ‘The Good quality life’ shows the commitment ofthe developer towards ensuring that the residents enjoy all the amenitiesand services in the township at least cost and inconvenience. In order toensure competitive outcome, ATRICO (Adani Real Estate Arm) hasensured that for all the important services, many service providers arepresent, so that none of them can charge a high monopoly price from theresidents. Therefore, there are 4 milk parlours, 4 laundromats, 4photocopiers, 4 beauty saloons and 4 grocers in the township. Thisnumber ‘4’ has been decided in a high level meeting, where this wasdiscussed that having less than 4 will result in duopoly/tight oligopoly,and having more than 4 will require more space and therefore notpreferred.Last month, the ladies in ‘Water Lily’ complained that the prices chargedby beauty saloons in the township are very high. In order to address thecomplaints, details…Monopolistic competition", one of the most popular market structure for Microeconomic analysis. ExplainWhat is meant by diminishing costs and monopoly (imperfect competition)
