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Q: Which of the following is not a characteristic of monopolistic competition? a. few artificial barriers to entry c. homogenous products b. large number of firms d. slight
control over price
A: A)high artificial barriers to entry
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User: Which of the following is not a characteristic of monopolistic competition? a. few artificial barriers to entry c. homogenous products b. large number of firms d. slight control over price

Weegy: A)high artificial barriers to entry
bucoi022|Points 0|

User: When a customer's need for a product is not urgent, demand tends to be a. inelastic. c. complementary. b. elastic. d. unit elastic.

Weegy: When a customer's need for a product is not urgent, demand tends to be - b. ELASTIC.
yumdrea|Points 3349|

User: A firm sells natural gas to a city for one price and sells the same gas to an outlying village at another price. What is this practice called? a. oligopoly c. differentiation b. monopoly d. price discrimination

Weegy: a. oligopoly
southboy|Points 60|

User: Economists say all resources are scarce because: a. there is a limited number of entrepreneurs. c. production is not equivalent to income. b. there are unlimited resources and limited wants and desires. d. there are limited resources and unlimited wants and demands.

Weegy: d. there are limited resources and unlimited wants and demands
ianbearpig|Points 190|

User: An unintended side effect that benefits or harms a third party not involved in the activity is: a. a condition of oligopoly. c. a problem caused by inadequate competition. b. an externality. d. price discrimination.

Weegy: An unintended side effect that benefits or harms a third party not involved in the activity is: B. AN EXTERNALITY.
andrewpallarca|Points 28158|

User: Which of the following industries have been deregulated in recent years? a. low-cost housing c. airlines b. pharmaceuticals d. steel

User: Business cycle refers to: a. a period of macroeconomic expansion followed by a period of contraction. c. a microeconomic explanation of the number of firms that enter and leave the marketplace over a five year period of time. b. the level of inventory of a business over a period of years. d. the inherit weakness of a command economy

Weegy: Business cycle refers to a period of macroeconomic expansion followed by a period of contraction.



User: In which system is private property found? a. centrally planned c. free enterprise b. command d. communism

Weegy: In which system is private property found? c. free enterprise
Expert answered|zpaasoyd|Points 105|



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Asked 12/11/2013 6:38:23 AM
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