« previous next »

Author Question: The existence of many competitors in any one market segment may indicate: A) an untapped market ... (Read 576 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?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

A slave market in Marrakesh, Morocco. This lithograph is from the 1800s. A slave market in Marrakesh, Morocco. This lithograph is from the 1800s.
(B) The muscle segment with sarcomere. (B) The muscle segment with sarcomere.
North America’s Untapped Fossil Fuels North America’s Untapped Fossil Fuels
Reconstruction Drawing of Trajan's Market Reconstruction Drawing of Trajan's Market
Main Hall, Trajan's Market Main Hall, Trajan's Market
Markets and Institutions Market Story Problem Markets and Institutions Market Story Problem
Video: Glomerubular filtrate rate -pressures that affect GFR and net filtration pressure

For a complete list of videos, visit our video library