Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Microeconomics Expert

Which of following industries would you classify as an oligopoly? Which would you classify as monopolistically competitive? Explain your answer.

A) Athletic shoes

B) Restaurants

C) Watches

D) Aircraft

E) Ice cream

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M9306442

Have any Question?


Related Questions in Microeconomics

Question in a typical recession the unemployment rate rises

Question: In a typical recession, the unemployment rate rises 2 1 2%. Assume that at full employment, the unemployment rate is 4 1 2%, and it rises to 7% by the end of the recession. Typically it takes the economy about ...

Question explain how an expansionary monetary policy

Question: Explain how an expansionary monetary policy affects interest rate and investment. Illustrate your answer using a diagram(s). The response must be typed, single spaced, must be in times new roman font (size 12) ...

Question the european central bank the ecb buys bonds on

Question: The European Central Bank (the ECB) buys bonds on the open market (from commercial banks). a) Assume that banks In the eurozone initially have no excess reserves. What is the effect of the central bank's action ...

Question the american cancer society acs is a nationwide

Question: The American Cancer Society (ACS) is a nationwide, community-based, voluntary health organization dedicated to eliminating cancer as a major health problem. Together with its supporters, ACS is committed to hel ...

Question if you were president of a third world country

Question: If you were president of a Third World country which lacked diversity among its political leadership, mention and discuss three policies you would pursue to ensure fair representation of women as decision maker ...

Question four firms called elm maple oak and cherry produce

Question: Four firms called Elm, Maple, Oak, and Cherry, produce wooden chairs. However, they also produce a great deal of garbage (a mixture of glue, varnish, sandpaper, and wood scraps). The first row of Table 12.6 sho ...

Question in the small closed economy of banana republic the

Question: In the small closed economy of Banana Republic, the currency is the dollar. Statistics for last year show that private saving was 60 billion dollars, taxes were 70 billion dollars, government purchases of goods ...

Question two firms compete in a declining industry each

Question: Two firms compete in a declining industry. Each firm has three possible choices: 1) exit the industry immediately (and gets a payoff of O); 2) exit at the end of this quarter; 3) exit at the end of next quarter ...

Question in a production line at tech manufacturing

Question: In a production line at Tech Manufacturing, changeover from one product to another takes about 60 minutes. On average, it takes about 5 parts to be run and discarded before the line is ready to start making par ...

Question the discussion answers combined must be a minimum

Question: The discussion answers combined must be a minimum of 125 words of substance with any references cited in APA format. No copying and pasting of work previously done for someone else. In chapter 5 Froeb discussed ...

  • 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

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As