Question and answer
A major characteristic of monopolistic competition is that prices will be A. higher than in perfect competition. B. lower than in perfect competition. C. higher than in a true monopoly. D.
unrelated to the type of competition.
a
Get an answer
Original conversation
User: A major characteristic of monopolistic competition is that prices will be A. higher than in perfect competition. B. lower than in perfect competition. C. higher than in a true monopoly. D. unrelated to the type of competition.

Weegy: a
cash84366|Points 4502|

User: Why does a perfectly competitive market require many buyers and sellers? A. because products must be uniform B. so no individual can control the price C. so buyers and sellers are both informed D. to maintain quality over the goods

Weegy: D. to maintain quality over the goods
Alaked|Points 50|

User: Why does a government place price ceilings, such as rent control, on some “essential” goods? A. to prevent the development of a black market B. to encourage an increase in supply of necessary items C. to limit the impact of equilibrium pricing D. to help reduce demand for these goods

Weegy: A. to prevent the development of a black market
nisyel|Points 0|

User: Suppose the market for the magazine is in equilibrium. Some students insist on raising the cover price by $1 and printing the same quantity. What is likely to happen? A. The demand for the magazine will go up. B. There will be a shortage of 150 magazines. C. There will be a surplus of 100 magazines. D. The surplus will be greater than their sales.

Weegy: C. There will be a surplus of 100 magazines.
justpretty|Points 1167|

User: How does the market price of a good in a monopoly market compare with the market price of the same good in a perfectly competitive market? A. The price is higher. B. The price is lower. C. The prices cannot be compared. D. The prices are the same.

Weegy: A. The price is higher.
akone|Points 140|

User: How do price changes drive markets toward equilibrium? A. They set new price floors and ceilings. B. They increase or decrease supply or demand. C. They ensure that prices are fair. D. They prevent inflation or deflation.

Weegy: It affects B the most.
jhehe|Points 385|

User: How might a firm respond to a higher demand for its goods? A. limit its production B. raise prices C. cut prices D. increase advertising



Weegy: B. It raises prices.
Expert answered|erikau14|Points 40|

User: Consider the centrally planned economy of the Soviet Union or China. Choose one and explain how its experience shows the problems with a centrally planned economy.

Question
Asked 7/30/2012 3:45:35 PM
0 Answers/Comments
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 cartoonist saying about individual freedom? A. Individual freedom does not mean isolation. B. Individual freedom does not exist. C. Individual freedom leads to poverty. D. No one cares about individual freedom.
Weegy: Please complete the question? User: https://study.ashworthcollege.edu/access/content/group/05ae71b9-8f4e-4616-af0e-477756d02f71/government_exam_1_files/nar001-1.jpg And here is the sketch! (More)
Question
Expert Answered
Asked 7/27/2012 6:30:00 PM
0 Answers/Comments
What is the cartoonist saying about automated voting? A. Electronic voting is preferable to other types of voting. B. Voting irregularities come last in the election process. C. Most voting machines don’t work. D. Electronic voting methods have proved troublesome.
Weegy: Without seeing the cartoon, Weegy is unable to answer your question about the cartoonists intent. Can you show, describe or provide a link for the cartoon? User: http://assets.openstudy.com/updates/attachments/4fe3acc6e4b06e92b87271d4-pavlyunchenko-1340320982984-cartoons2.jpg Weegy: D. Electronic voting methods have proved troublesome. (More)
Question
Expert Answered
Asked 7/27/2012 6:51:23 PM
0 Answers/Comments
In which democratic countries are people free to decide whether or not they should register in order to vote? A. France and the United States B. Brazil and the United States C. only in Switzerland D. only in the United States
Weegy: A. France and the United States User: That's not the answer :/ Weegy: The answer is D, only in the U.S. (More)
Question
Expert Answered
Asked 7/27/2012 9:34:04 PM
0 Answers/Comments
Which two principles have directed the foreign policy of the United States since World War II? A. cold war and deterrence B. collective security and deterrence C. detente and containment D. isolationism and nationalism
Weegy: The answer is B. collective security and deterrence User: A President has the power to cancel some parts of a new law. What makes this possible? A. an amendment to the Constitution B. when Congress cannot agree C. not signing a bill within ten days D. when Congress overrides a veto Weegy: A. an amendment to the Constitution User: What is the original source of many of the President’s powers? A. the Founders B. the House of Representatives C. the Constitution D. the Supreme Court Weegy: C. the Constitution User: Which department in the President’s cabinet is led by the Attorney General? A. Department of Justice B. Department of Defense C. Department of Veterans Affairs D. Department of Homeland Security Weegy: C. Department of Veterans Affairs he tradition of the Cabinet dates back to the beginnings of the Presidency itself. [ Established in Article II, Section 2, of the Constitution, the Cabinet's role is to advise the President on any subject he may require relating to the duties of each member's respective office. The Cabinet includes the Vice President and the heads of 15 executive departments ? the Secretaries of Agriculture, Commerce, Defense, Education, Energy, Health and Human Services, Homeland Security, Housing and Urban Development, Interior, Labor, State, Transportation, Treasury, and Veterans Affairs, as well as the Attorney General. ] User: What happened in the electoral college system after the election of 1800? A. George Washington resigned. B. The District of Columbia was created. C. Presidential electors were chosen differently. D. Political parties became more important. Weegy: Answer is A. George Washington resigned User: Several White House agencies are staffed by the President’s closest advisors. What is the name used for these agencies? A. Office of Management and Budget B. Executive Office of the President C. National Aeronautics and Space Administration D. Office of Personnel ... (More)
Question
Expert Answered
Asked 7/27/2012 10:44:51 PM
0 Answers/Comments
18,452,372 questions answered
Popular Conversations
Give the values of a, b, and c from the general form of the equation ...
Weegy: hen the following quadratic equation is written in general form, what is the value of "c"? The formula of ...
11/26/2014 8:05:05 AM| 3 Answers
An object is dropped off a building that is 144 feet tall. After how ...
Weegy: 16t^2 = 144 Simplify, divide both sides by 16 t^2 = 9 t = 3 seconds User: The square of a number exceeds that ...
11/26/2014 8:02:05 AM| 2 Answers
. Simplify this expression: 4p + 9 + (–7p) + 2 = ? A. –3p + ...
Weegy: C. s=40 User: Solve this equation: 80 = 3y + 2y + 4 + 1. A. y = 75 B. y = 15 C. y = 1/5 D. y = –15 ...
11/26/2014 8:28:06 AM| 2 Answers
double marginality
Weegy: According to Nicholas Alex, double marginality is the social burden that African American police officers carry ...
11/26/2014 2:10:01 PM| 2 Answers
If the protagonist tells the story himself, it is told in the ...
Weegy: The story is told in first person if it is told from the protagonist's point of view :)
11/26/2014 2:15:57 PM| 2 Answers
In which specimen were cells first identified?
11/26/2014 11:45:51 PM| 2 Answers
Weegy Stuff
S
L
1
L
P
C
1
P
C
1
L
P
C
1
Points 2734 [Total 14444]| Ratings 10| Comments 2634| Invitations 0|Offline
S
L
Points 1466 [Total 3752]| Ratings 0| Comments 1466| Invitations 0|Offline
S
L
Points 777 [Total 1298]| Ratings 6| Comments 717| Invitations 0|Offline
S
1
L
1
L
P
P
L
P
Points 767 [Total 14141]| Ratings 0| Comments 767| Invitations 0|Offline
S
Points 759 [Total 791]| Ratings 1| Comments 749| Invitations 0|Offline
S
1
L
L
Points 273 [Total 6667]| Ratings 0| Comments 273| Invitations 0|Offline
S
L
Points 161 [Total 1457]| Ratings 3| Comments 131| Invitations 0|Online
S
Points 86 [Total 86]| Ratings 1| Comments 76| Invitations 0|Offline
S
Points 50 [Total 50]| Ratings 0| Comments 0| Invitations 5|Offline
S
Points 46 [Total 46]| Ratings 3| Comments 6| Invitations 1|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2014 Purple Inc.