--%>
Assignment Help - homework help

Explain about Market Structures briefly

Explain about Market Structures briefly.

E

Expert

Verified

Market Structures:

• Economists are capable to analyze a smooth continuum of market structures along with monopoly on one end and perfect competition onto the other.

• Advertising and marketing campaigns to distinguish products in oligopolistic markets are planned to promote product homogeneity’s images.

• Monopolistic Competition of Monopolistically competitive firms are not allocatively capable since P>MC, if are productively efficient because economic profits equal zero within the long run.

• The results of pure and monopolistic competition be different primarily since monopolistic competitors sell differentiated products, when outputs of pure competitors are homogeneous.

   Related Questions in Business Economics

  • Q : Introduction of the term Control Factor

    Give a brief introduction of the term Control Factor?

    		•
  • Q : Labour economic Can someone help me in

    Can someone help me in finding out the right answer from the given options. The Taft Hartley Act of 1946 made it illegal to encompass a: (1) Right-to-work law passed by the state legislature. (2) Conviction for the misdemeanor and serve as union officer. (3) Union for the agricultural migrants or go

    		•
  • Q : Describe Low financial leverage and low

    Describe briefly Low financial leverage, low operating leverage?

    		•
  • Q : What is the opportunity cost of your

    Suppose you arrive at a store expecting to pay $100 for an item, but learn that a store two miles away is charging $50 for it.  Would you drive there and buy it?  How does your decision benefit you?  What is the opportunity cost of your decision?  Now suppose you arrive at a s

    		•
  • Q : Analysis of US GDP and GDP growth rate

    You may use a calculator and MINITAB to conduct the necessary calculations for all questions.  Analysis of US GDP and GDP growth rate (1959-2004). The following variables can be retrieved from MIN

    		•
  • Q : Strategic behaviour of decisionmaker If

    If one decisionmaker in interdependent circumstances calibrates its decisions to the anticipated reactions of the other party, in that case the decisionmaker is engaged within: (1) psychological forecasting. (2) profit maximization. (3) collusion. (4) strategic behavi

    		•
  • Q : Describe unequal burdens of

    Describe unequal burdens of unemployment exist?

    		•
  • Q : Illustrate the term Positive and

    Illustrate the term Positive and Normative Economics?

    		•
  • Q : Programs exchanged in the market For

    For the question below, utilize the given information. The market for gizmos is competitive, with an increasing sloping supply curve and a downward sloping demand curve. With no govt. intervention, the equilibrium price is $25 and the equilibrium quantity is 10,000 gi

    		•
  • Q : Sources of not tax revenue Provide some

    Provide some sources of not tax revenue? Answer: Escheat, income from public enterprises, special assessment, fees and fines and so on.

    		•