Advanced Placement (AP), 18.05.2021 02:10 saifulcrc468
What is the key difference between monopolistic competition and an oligopoly market?
In an oligopoly, the number of firms is so small they strategize their production interdependently.
In monopolistic competition, the marginal revenue is beneath the demand curve because of market power.
Oligopolies generally have a lower market concentration and a lower minimum efficient scale.
Monopolistically competitive markets have more significant barriers to entry into and exit from the industry.
Oligopolies see consistent economies of scale across their entire product demand.
Answers: 1
Advanced Placement (AP), 22.06.2019 20:30
How did the large influx of immigrants change america?
Answers: 1
Advanced Placement (AP), 23.06.2019 05:30
Me im timed! gustavo is completing his homework online. when he uses a computer, what converts the information he inputs into instructions that the operating system understands? the keyboard the bios the cpu the application software
Answers: 2
Advanced Placement (AP), 25.06.2019 20:00
Along with removing drugs from the body, the kidneys also a. balance ph levels b. release hormones that regulate blood pressure c. release hormones into the stomach d. a and b
Answers: 1
Advanced Placement (AP), 25.06.2019 21:30
Most signs are diamond-shaped, with a yellow background and black letters or symbols. a. regulatory b. guide c. warning d. construction
Answers: 2
What is the key difference between monopolistic competition and an oligopoly market?
In an oligopol...
Mathematics, 17.11.2019 01:31
Chemistry, 17.11.2019 01:31
Biology, 17.11.2019 01:31
Mathematics, 17.11.2019 01:31
Computers and Technology, 17.11.2019 01:31
Mathematics, 17.11.2019 01:31
Physics, 17.11.2019 01:31