This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The electronics market in Tunica is completely dominated by JC Inc., a company that manufactures ... (Read 18 times)

RODY.ELKHALIL

  • Hero Member
  • *****
  • Posts: 591
on: Jul 8, 2018
The electronics market in Tunica is completely dominated by JC Inc., a company that manufactures electronic components and gadgets. The company produces most of the essential goods in large quantities and has no competition.
 
  The company has recently
  increased the prices of its products because of their high demand and this is affecting
  the consumers adversely. This type of market domination by a single firm represents a
  market failure referred to as ________.
  A. externality
  B. monopoly
  C. information asymmetry
  D. bankruptcy
  E. marketing myopia

Question 2

As part of Gorbachev's package of reforms for the new Soviet government in 1989 he called for the creation of a new executive president.
 
  Indicate whether this statement is true or false.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mammy1697

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jul 8, 2018
Answer to Question 1

B

Answer to Question 2

True


RODY.ELKHALIL

  • Member
  • Posts: 591
Reply 2 on: Jul 8, 2018
Gracias!

nathang24

  • Member
  • Posts: 314
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Boreal forests, such as this one in Siberian Russia, are dominated by a few species of conifer trees Boreal forests, such as this one in Siberian Russia, are dominated by a few species of conifer trees
A slave market in Marrakesh, Morocco. This lithograph is from the 1800s. A slave market in Marrakesh, Morocco. This lithograph is from the 1800s.
Reconstruction Drawing of Trajan's Market Reconstruction Drawing of Trajan's Market
Iraqi market Iraqi market
A company that makes cell phones has the following cost structure. They have fixed costs of ... A company that makes cell phones has the following cost structure. They have fixed costs of ...
Jia's Fashions recently paid a $2 annual dividend. The company is projecting that its ... Jia's Fashions recently paid a $2 annual dividend. The company is projecting that its ...
Video: Humerus Adduction Animation

For a complete list of videos, visit our video library