This topic contains a solution. Click here to go to the answer

Author Question: Consider the following characteristics of a particular industry:- there is freedom of entry and ... (Read 153 times)

xxxxxxxxxxxx

  • Full Member
  • ***
  • Posts: 142
Consider the following characteristics of a particular industry:
- there is freedom of entry and exit
- in long-run equilibrium, each firm is producing a level of output where there are increasing returns to scale
This industry is likely to be
◦ a cartel.
◦ monopolistically competitive.
◦ an oligopoly.
◦ highly concentrated.
◦ perfectly competitive.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by xxxxxxxxxxxx on Oct 12, 2022

reactx

  • Full Member
  • ***
  • Posts: 162
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.
Answer Preview
Only 35% of students answer this correctly




xxxxxxxxxxxx

  • Member
  • Posts: 142
Reply 2 on: Oct 12, 2022
Excellent


patma1981

  • Member
  • Posts: 292
Reply 3 on: Yesterday
Wow, this really help

 

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?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

For a complete list of videos, visit our video library