Question and answer
Which of the following is one market trend that results when a monopolistically competitive firm starts earning profits well above its costs? a. The firm would become an oligopolistic firm because it
has effectively eliminated the competition and now dominates the market alone. b. The firm would try to lure 100 percent of customers by flooding the market with defective products. c. Fierce competition would encourage rivals to create new ways to differentiate their products and lure customers to them. d. The firm would eventually go out of business because demand would decrease.
Fierce competition would encourage rivals to create new ways to differentiate their products and lure customers to them is one market trend that results when a monopolistically competitive firm starts earning profits well above its costs. [ [ ] ]
Expert answered|wisbest|Points 2340|
Question
Asked 5/8/2013 11:26:40 AM
0 Answers/Comments
Ask a question
Not a good answer? Get an answer now. (Free)
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
What is the possible consequence of the following scenario? Because of high unemployment rates in the country of Lavernia, employers offer higher wages. To meet their higher payroll costs and maintain profits, they charge consumers more for goods and services. a. a prolonged period of deflation b. demand-pull inflation c. a wage-price spiral of ever-increasing prices d. increasing numbers of people living on a fixed income
Weegy: Because of high unemployment rates in the country of Lavernia, employers offer higher wages. To meet their higher payroll costs and maintain profits, they charge consumers more for goods and service. The possible outcome is c. [ a wage-price spiral of ever-increasing prices. ] (More)
Question
All Categories|No Subcategories|Expert Answered
Asked 5/7/2013 7:25:06 AM
0 Answers/Comments
The amount of money the US government borrows to fund the national budget is the annual _____. a. deficit b. revenue c. debt d. receipt
Weegy: The amount of money the US government borrows to fund the national budget is the annual c. debt. (More)
Question
All Categories|No Subcategories|Expert Answered
Asked 5/7/2013 7:32:43 AM
0 Answers/Comments
in which system is private property found? a)centrally planned b)command c) free enterprise d) communism
Weegy: c) free enterprise (More)
Question
All Categories|No Subcategories|Expert Answered
Asked 5/7/2013 7:56:03 AM
0 Answers/Comments
16,937,492 questions answered
Popular Conversations
Why do you think some teachers are better loved by students than ...
Weegy: I can totally relate to you because i have teachers who are my favorite and i treat her as my mom. [ Every time ...
7/24/2014 1:37:29 AM| 3 Answers
Find the equation of a line with the given points. (Put your answers ...
Weegy: The equation of a line with the points: (8, 1) (7, 9) is y = -8x + 65 User: Find the equation of a line with ...
7/24/2014 12:01:14 AM| 2 Answers
What had its roots in a computer networking system that the U.S. ...
Weegy: d. the Internet User: Clinton's first major initiative on_______________________ was unsucessful and failed ...
7/24/2014 7:16:31 AM| 2 Answers
Weegy Stuff
S
R
L
1
1
P
C
1
P
1
1
L
P
C
P
C
1
P
C
L
P
C
1
P
C
Points 2024 [Total 21024]| Ratings 1| Comments 2014| Invitations 0|Offline
S
L
P
C
P
C
1
L
P
C
L
P
C
P
C
P
C
Points 1917 [Total 17046]| Ratings 0| Comments 1917| Invitations 0|Offline
S
L
P
C
L
P
C
P
C
L
P
C
P
C
Points 1640 [Total 14195]| Ratings 1| Comments 1630| Invitations 0|Offline
S
L
1
Points 1433 [Total 3616]| Ratings 2| Comments 1413| Invitations 0|Offline
S
L
1
1
1
1
L
1
Points 1143 [Total 7320]| Ratings 2| Comments 1123| Invitations 0|Offline
S
1
L
Points 997 [Total 3133]| Ratings 6| Comments 937| Invitations 0|Offline
S
1
L
1
L
P
P
L
Points 888 [Total 10496]| Ratings 0| Comments 888| Invitations 0|Offline
S
1
L
Points 787 [Total 4463]| Ratings 2| Comments 767| Invitations 0|Offline
S
P
C
L
P
L
1
Points 734 [Total 5788]| Ratings 4| Comments 694| Invitations 0|Online
S
Points 263 [Total 411]| Ratings 2| Comments 243| Invitations 0|Offline
Home | Contact | Archive | Blog | About | Terms | Privacy | Social | ©2014 Purple Inc.