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Author Question: How do competitive firms try to achieve market power? What is one way they try to accomplish this? ... (Read 43 times)

Pineapplelove6

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on: Jun 29, 2018
How do competitive firms try to achieve market power? What is one way they try to accomplish this?
 
  What will be an ideal response?

Question 2

What are the main components of money in the United States today?
 
  What will be an ideal response?


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britb2u

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Reply #1 on: Jun 29, 2018
Answer to Question 1

They try to differentiate their products from their competitors. One way they try to do this is with advertising.

Answer to Question 2

The main components of money in the United States today are currency and deposits at banks and other depository institutions.


Pineapplelove6

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

juliaf

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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