(Answered) Economists generally believe and teach their students that

Management Studies

Economists generally believe, and teach their students, that competitive markets (in the sense that we use the term technically) are the best. Why is this the case and provide an example of a competitive market from your experience and what you see as its benefits?;(please 75 words!, and also bring reference!)

View complete question

Business Management, Management Studies

Category:- Business Management
Reference No.:- M92373070
Price:- $10

Verified Expert

Priced at $20 Now at $10, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Business Management

Miriam is a senior manager for an international chain of

Miriam is a senior manager for an international chain of fitness centers. Two suppliers provide exercise machines for her company. Which of the following is the wisest advice on how Miriam should manage her suppliers? 1. ...

Let x be a random variable then ex2 gt ex is it always

Let X be a random variable. Then, E[X^2] > = E[X] . Is it always true? Suppose that, X is a random variable, taking positive integer values, which satisfies E[(X-6)^2]=0. Then, pX(4)=pX(5). Is it always true? Suppose tha ...

Qualitative analysis for managerscan either influence

Qualitative Analysis for Managers Can either Influence Diagrams, Influence Tables, and Decision Trees or all of these techniques better structure the decision making process? Why or why not? Cite examples when this might ...

Explain the contributions that teams make and how managers

Explain the contributions that teams make and how managers can help teams be more effective.

Given the four major trends that have influenced global

Given the four major trends that have influenced global marketing in the past decade, pick a company and discuss how each of these trends could have impacted the company in a positive as well as a negative way.

Determine what traits you need to work on the most to

Determine what traits you need to work on the most to become a good leader. Then, explain whether these traits differ from the strengths you need to be a good manager

Please assist me with finding two examples of where an

Please assist me with finding two examples of where an organization and management excelled in ensuring employees were properly compensated, including benefit packages, and then provide two examples of where an organizat ...

Cwrite function that takes an array of doubles and the

C++ Write function that takes an array of doubles and the array length as parameters (compute the array length using size of, don't just put in the number 5). In the function, find and return the largest value.Write seco ...

Principles of business governanceassignmentthis assignment

Principles of Business Governance Assignment This assignment is worth 40 marks. It must not exceed 1500 words for each question. The assignment is due by 4 pm (WST) on 25 th September 2018. Students must submit their a ...

A paper manufacturer is forced to make staff cutbacks

A paper manufacturer is forced to make staff cutbacks because of declining profits. It decides to cut back each employee's hours and pay by one-half day per week rather than laying off two people. Senior managers believe ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Management Expert