What are some of the natural and artificial barriers to
a. What are some of the natural and artificial barriers to entry into oligopolistic industries?
b. What are the possible harmful effects of oligopoly?
c. What are the possible beneficial effects of oligopoly?
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What are some of the natural and artificial barriers to entry into oligopolistic industries?
look up the densities of ethanol and water at room T in a habnbook ethanol 0.789 g/cm^3 and water 0.998 plot these two points on a graoh at 0 and 100%H2O
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Why does a prospective monopolistic competitor find it relatively easy to start production in the long run?
Do you think you can calculate the % of ethanol in the distillate by comparing an average boilling point of the 5 ml portion which comprise the distillate
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