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Perfect Competition
Question
Asked 6/6/2014 10:18:56 AM
Updated 6/6/2014 4:33:19 PM
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This answer has been confirmed as correct and helpful.
Edited by yumdrea [6/6/2014 4:33:09 PM], Confirmed by yumdrea [6/6/2014 4:33:19 PM]
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User: Perfect Competition

Weegy: Perfect competition describes a market structure where competition is at its greatest possible level.
yumdrea|Points 8403|

User: Oligopoly

Weegy: An oligopoly is a market structure in which a few firms dominate.
jeifunk|Points 24596|

User: Monopolistic Competition

Weegy: Monopolistic competition is a type of imperfect competition such that many producers sell products that are differentiated from one another (e.g. by branding or quality) and hence are not perfect substitutes.
Serrys|Points 110|

Question
Asked 6/6/2014 10:18:56 AM
Updated 6/6/2014 4:33:19 PM
0 Answers/Comments
This answer has been confirmed as correct and helpful.
Edited by yumdrea [6/6/2014 4:33:09 PM], Confirmed by yumdrea [6/6/2014 4:33:19 PM]
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Gloves and mittens are _____. This means that an increase in the demand for gloves decreases the demand for mittens
Weegy: Gloves and mittens are SUBSTITUTES. This means that an increase in the demand for gloves decreases the demand for mittens. User: Inflation is a(n) _____ in the prices of goods and services. Inflation ____ purchasing power, especially for people with fixed incomes. (More)
Question
Updated 3/15/2017 4:16:02 AM
1 Answer/Comment
Inflation is an increase in the prices of good and services. Inflation decreases purchasing power, especially those with fixed incomes.
Added 3/15/2017 4:03:08 AM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [3/15/2017 4:16:04 AM]
The machines used to make cars are examples of _____. capital goods, natural resources, human resources?
Weegy: The machines used to make cars are examples of capital goods. (More)
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Expert Answered
Updated 6/7/2014 12:58:15 PM
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Suppose the government sets a rent price for apartments. The price is below the equilibrium price and creates a shortage of apartments. This situation describes a _____.
Weegy: The price is below the equilibrium price and creates a shortage of apartments. This situation describes a price ceiling. (More)
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Expert Answered
Updated 6/7/2014 8:43:27 AM
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