--%>
Assignment Help - homework help

Structure of industry or market

Describe the structure of the industry or market e.g. monopoly, oligopoly, monopolistic competition. 

E

Expert

Verified

This product is unlike other products in the market (as it is using kinetic energy) but the market is dumped with other substitute products which can do the same work. Hence this is an example of monopolistic completion where there is imperfect competition.  Here in the market the competitive producers are selling products that can be easily differentiated from one another still solve the same purpose. A single producer cannot have total control over the market. An firm producing heated insoles from Kinetic Energy can increase it prices without losing all its consumers. They can also lower prices without annoying its competitors. There are no barriers to entry to such markets. Winter outdoor games are famous in US, this product will e for itself in the hearts of sport lovers.

   Related Questions in Biology

  • Q : Define cytoskeleton and its constituents

    Define cytoskeleton and its constituents: Cytoskeleton is the cytoplasmic structure which supports cell, keeps its shape and fixates and moves cell organelles. This is made up of an extensive network of fibers dispersed in the cytoplasm and attached i

    		•
  • Q : What is the Importance of human breath

    Importance of human breath: Breathing is an indispensable activity of the body so much so that life ceases to continue if breathing stops. It means death comes fast with stoppage of breathing. Therefore, the regulation of breathing is also necessary,

    		•
  • Q : Concepts of chromosome and chromatin

    What is the relation among the concepts of chromosome and chromatin? Are heterochromatin and euchromatin portion of chromosomes?

    		•
  • Q : Ecological and economic importance of

    What are examples of the ecological and economic importance of molluscs?

    		•
  • Q : Bacterial and animal cells Regarding

    Regarding the existence of nucleus what is the basic difference between bacterial and animal cells?

    		•
  • Q : Benefits of syringe management program

    What are the ways by which the syringe management program, tries to provide education to the society?

    		•
  • Q : Types of plant geotropisms Write down

    Write down the types of plant geotropisms? Why do root and stem present opposite geotropisms?

    		•
  • Q : Life duration of red blood cell On

    On average write down the life duration of red blood cells? Where are they destroyed? What is the destination of heme groups after destruction of hemoglobin molecules?

    		•
  • Q : Resource Smoothing and Time Crashing

    Resource Smoothing and Time Crashing: Smoothing is most applicable where there is slack and float within the network (i.e. away from the critical path.

  • Q : Define primary consumers Give a brief

    Give a brief explanation of primary consumers. Can food chain offering quaternary consumers without comprising secondary or tertiary consumers? Can a tertiary consumer of one chain be a primary or secondary consumer of another chain?

    		•