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Author Question: A good example of an industry that is close to a perfectly competitive industry is (Read 44 times)

Yolanda

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on: May 25, 2020

Question 1

The feature that distinguishes monopolistic competition from perfect competition is that monopolistically competitive firms are
◦ able to differentiate their product.
◦ able to block the entry of other firms.
◦ large relative to the market.
◦ price takers.

Question 2

A good example of an industry that is close to a perfectly competitive industry is
◦ beer.
◦ fresh vegetables.
◦ fast foods.
◦ petrol stations.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by Yolanda on May 25, 2020

jaaaaaaa

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Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Yolanda

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Reply 2 on: May 25, 2020
Thanks for the timely response, appreciate it

Liddy

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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