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The MR = MC rule applies: (Points : 1) to firms in all types of industries. only when the firm is a "price taker." only to monopolies. only to purely competitive firms.
Weegy: 1. All firms produce similar ... of other firms. [1] In a monopolistically competitive market, firms can behave like monopolies in (More)
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Asked 8/5/2012 8:21:58 PM
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Local telephone, electric, or gas utilities would best be described by which market model? (Points : 1) Monopolistic competition Pure competition Pure monopoly Oligopoly
Weegy: Monopolistic competition (More)
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Asked 8/5/2012 8:48:15 PM
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When the excess capacity problem under monopolistic competition becomes greater, there will be: (Points : 1) a narrower range of consumer choice fewer advertisements and promotions a wider range of consumer choice more entry by firms into the market
Weegy: When the exess capacity problem under monopolistic competition becomes greater, a wider range of consumer choice . (More)
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Asked 8/5/2012 10:00:51 PM
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Derived demand is the demand: (Points : 1) That arises because of monopoly control of resources in a market For a product based on the tastes and preferences of consumers Derived from consumer satisfaction with a product For a resource to produce a product
Weegy: "An intelligent and integrated human resources strategy is the only sustainable competitive advantage... [ [ Every other corporate asset can be bought or replicated virtually overnight, but competitors seeking to duplicate a well-trained, motivated, and committed workforce will need at least a decade to catch up. Exceptional Exceptional cultures just can't be created with the wave of wand ? or a major infusion of capital," says Mark ... (More)
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Asked 8/12/2012 6:02:26 PM
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