ZuoTi.Pro
Question

Place the industries into the proper category (Monopolistic Competition, Monopoly, Competition). * Items (6 items) (Drag and

Place the industries into the proper category (Monopolistic Competition, Monopoly, Competition).


Categories 

Monop. Competition 

your local electric 

fast-food restaurants 

a clothing store in the mall 

a company that sells bottled water 


Monopoly 

the only doctor's office in a town 


Competition 

carrot farmers 

business   economics   
0 0
Add a comment Improve this question Transcribed image text
Next > < Previous
Sort answers by oldest

Homework Answers

✔ Recommended Answer
Answer #1
Monopolistic Monopoly Perfect competition
  • Fast food restaurant
  • Clothing store in the mall
  • A company that sells bottled water
  • Local electric company.
  • The only doctor office in town
  • Carrot farmer

Doctors office in the town will be considered as monopoly because no substitute to the doctor exist in the town.

I am in dilemma as in your answer it is showing wrong. It may be in Monopolistic.

Monopolistic competition is one in which a number of substitutes are available and a number of sellers.

Monopoly the product is unique.

Under perfect completion the output is identical.

Please contact before rating up will be obliged to you for your generous support. Please contact thank you.

2 0
Add a comment
Know the answer?
Add Answer to:
Place the industries into the proper category (Monopolistic Competition, Monopoly, Competition).
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Similar Homework Help Questions

  • Which one of the following industries falls into monopolistic competition.? a oil industry ob the fast...

    Which one of the following industries falls into monopolistic competition.? a oil industry ob the fast food industry c the auto industry d. Monopoly firms

  • Please Help Question 5 0.16 pts Markup would not exist in O a monopoly monopolistic competition....

    Please Help Question 5 0.16 pts Markup would not exist in O a monopoly monopolistic competition. O an oligopoly a cartel. O a competitive market. Question 6 0.16 pts prices than can be reached under perfect competition, Despite monopolistic competition results in any other market. variety than can be reached in O higher; less O more inefficient; more excessive O higher; greater O lower: less O lower: greater Question 7 0.16 pts The mayor of Stockville is seeking reelection and...

  • Does each of the following government activities promote competition or limit monopoly power by regulating markets? Place each in the correct category.

    Does each of the following government activities promote competition or limit monopoly power by regulating markets? Place each in the correct category. Items (5 items) (Drag and drop into the appropriate area below)Forcing a municipal water company to limit rate increasesLimiting content on public airwavesDirecting local cable companies to reduce Internet fees for rural consumersPreventing the merger of two pharmaceutical companiesBreaking up Standard Oil into smaller companiesCategoriesRegulating marketsPromoting Competition

  • long run 39) What does monopolistic competition have in common with -) barriers to exit but...

    long run 39) What does monopolistic competition have in common with -) barriers to exit but no barriers to entry le proft in the A) a large number of fims B) a downward-sloping demand curve C) the ability to collude with respect to price D) mutual interdependence E) barriers to entry 40) An example of a fim in monopolistic competition is A) your local water company B) the sole cable television company C) the many Chinese restaurants in San Francisco...

  • I have an Assignment of Marketing Research on Climate Change. Where i have to take an...

    I have an Assignment of Marketing Research on Climate Change. Where i have to take an interview of an industry professional, which is done. I have all answer what he said, now i just need to analysis all answer into sub category which are as follow: - 1. Level of Concern of Professionals 2. Impacts on Industry 3. Awareness of Millennials' Knowledge 4. Attitudes Among Millennials If you think any other category could be included please add it. i have...

  • SYNOPSIS The product manager for coffee development at Kraft Canada must decide whether to introduce the...

    SYNOPSIS The product manager for coffee development at Kraft Canada must decide whether to introduce the company's new line of single-serve coffee pods or to await results from the product's launch in the United States. Key strategic decisions include choosing the target market to focus on and determining the value proposition to emphasize. Important questions are also raised in regard to how the new product should be branded, the flavors to offer, whether Kraft should use traditional distribution channels or...

  • FISCAL POLICY IN THEORY: March, 2020: we are on the verge of Congress and the President...

    FISCAL POLICY IN THEORY: March, 2020: we are on the verge of Congress and the President passing legislation that will empower the federal government to spend an unprecedented amount of EXTRA money not seen since World War 2 ---- in order to address the pandemic but also to help cushion the blow financially of perhaps ten or twenty million Americans --- or more --- losing their jobs, and thus suffering a drop in income. The scale of the 2020 recession...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
Active Questions
ADVERTISEMENT