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Define the term monopolistic competition.
Question|Asked by Jarrell Stafford
Asked 5/8/2014 9:59:09 PM
Updated 5/9/2014 6:20:05 AM
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This answer has been confirmed as correct and helpful.
Confirmed by paral [5/9/2014 6:20:05 AM]
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User: Define the term monopolistic competition.

Weegy: Monopolistic competition is a form of imperfect competition where many competing producers sell products that are differentiated from one another (that is, the products are substitutes but, because of differences such as branding, not exactly alike). [ ]
sujaysen|Points 6842|

User: Explain deregulation.

Question|Asked by Jarrell Stafford
Asked 5/8/2014 9:59:09 PM
Updated 5/9/2014 6:20:05 AM
1 Answer/Comment
This answer has been confirmed as correct and helpful.
Confirmed by paral [5/9/2014 6:20:05 AM]
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Deregulation is the process of removing or reducing state regulations.
Added 5/9/2014 6:20:04 AM
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Questions asked by Jarrell Stafford
refers specifically to manmade items, such as airports, buildings, vehicles, and power lines, that aid production.
Question|Asked by Jarrell Stafford
Not Answered
Updated 3/21/2015 9:29:03 AM
1 Answer/Comment
Infrastructure refers specifically to manmade items, such as airports, buildings, vehicles, and power lines, that aid production.
Added 3/21/2015 9:29:03 AM
This answer has been confirmed as correct and helpful.
Confirmed by debnjerry [3/21/2015 9:35:26 AM]
A Third World country can be described as a(n) __________ country.
Question|Asked by Jarrell Stafford
Not Answered
Updated 5/18/2018 3:04:54 AM
1 Answer/Comment
A Third World country can be described as a DEVELOPING country.
Added 5/18/2018 3:04:54 AM
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Confirmed by jeifunk [5/18/2018 3:18:31 AM]
What are increasing marginal returns?
Question|Asked by Jarrell Stafford
Updated 9/3/2017 11:34:46 PM
1 Answer/Comment
The increasing marginal returns occurs when the addition of a variable input (like labor) to a fixed input (like capital) enables the variable input to be more productive.
Added 9/3/2017 11:34:46 PM
This answer has been confirmed as correct and helpful.
What are complimentary goods?
Question|Asked by Jarrell Stafford
Updated 5/7/2014 7:59:51 PM
1 Answer/Comment
In economics, a complementary good is a good with a negative cross elasticity of demand, in contrast to a substitute good.
Added 5/7/2014 7:59:51 PM
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a maximum amount that can be legally charged for a good or service
Question|Asked by Jarrell Stafford
Updated 5/7/2014 9:52:42 PM
1 Answer/Comment
A maximum amount that can be legally charged for a good or service is a price ceiling.
Added 5/7/2014 9:52:42 PM
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