« previous next »

Author Question: The existence of many competitors in any one market segment may indicate: A) an untapped market ... (Read 584 times)

scienceeasy

  • Hero Member
  • *****
  • Posts: 565
on: Jul 7, 2018
The existence of many competitors in any one market segment may indicate:
 
  A) an untapped market niche.
  B) the market is saturated.
  C) no one firm has differentiated itself within that market.
  D) a market that has already been tried without success.

Question 2

A perfect market is one in which:
 
  A) there are no competitive advantages or asymmetries because all firms have equal access to all the factors to production.
  B) one firm develops an advantage based on a factor of production that other firms cannot purchase.
  C) one participant in the market has more resources than the others.
  D) competition is at a minimum, as each niche market within an industry is served by the company with the greatest competitive advantage.


ally

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jul 7, 2018
Answer to Question 1

B

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Norway lobsters on sale at a Spanish market Norway lobsters on sale at a Spanish market
The muscle segment, muscle segment with sarcomere, and relaxed and contracted sarcomeres. The muscle segment, muscle segment with sarcomere, and relaxed and contracted sarcomeres.
Reconstruction Drawing of Trajan's Market Reconstruction Drawing of Trajan's Market
Hydroelectric power: 2013 Global Market Hydroelectric power: 2013 Global Market
Stock Market Question Stock Market Question
Markets and Institutions Market Story Problem Markets and Institutions Market Story Problem
Video: The Krebs Cycle Animation

For a complete list of videos, visit our video library