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

Author Question: The main difference between perfect competition and monopolistic competition is: a. The number of ... (Read 30 times)

cherise1989

  • Hero Member
  • *****
  • Posts: 555
on: Jul 1, 2018
The main difference between perfect competition and monopolistic competition is:
 a. The number of sellers in the market
  b. The ease of entry and exit in the industry
  c. The degree of information about market price
  d. The degree of product differentiation
  e. Whether it is the short run or the long run

Question 2

Vertical contracts between manufacturers and retailers often aim to
 a. Incentivize the manufacturers to undertake costly activities, which they otherwise may not realize the full benefits of on their own
  b. Reward the manufacturers for undertaking the risk inherent in introducing a new product
 c. Serve as a signal of the manufacturer's belief of the likely success of his product
 d. All of the above


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

shaikhs

  • Sr. Member
  • ****
  • Posts: 312
Reply #1 on: Jul 1, 2018
Answer to Question 1

d

Answer to Question 2

c


cherise1989

  • Member
  • Posts: 555
Reply 2 on: Jul 1, 2018
:D TYSM

mammy1697

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Difference between Asian (left) and African (right) elephant ears. Difference between Asian (left) and African (right) elephant ears.
Main lymph nodes of the leg Main lymph nodes of the leg
Location of the main structures of the vessels Location of the main structures of the vessels
Correlations between scores on a psychology test and number of boiled kumquats eaten per month Correlations between scores on a psychology test and number of boiled kumquats eaten per month
Number of Chromosomes in Selected Organisms Number of Chromosomes in Selected Organisms
Number line for rounding Number line for rounding
Video: Regulation of GFR: autoregulation via tubuloglomerular feedback, neural & hormonal regulation

For a complete list of videos, visit our video library