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monopolistic competition
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Which act made it illegal to buy up companies in the same industry to gain a competitive advantage?
The act that made it illegal to buy up companies in the same industry to gain a competitive advantage is the Clayton Antitrust Act of 1914. This legislation aimed to prevent anti-competitive practices and monopolistic behavior, particularly focusing on mergers and acquisitions that could substantially lessen competition. It built upon earlier antitrust laws, such as the Sherman Antitrust Act of 1890, by addressing specific practices that could harm market competition.
What is the similarities between perfect competitive monopoly monopolistic competition and oligopoly?
Not many differences. Capitalism favors competition among private companies, but rarely creates monopolies. One source, in the references, says monopolies can be created by governments more than private companies. References: http://www.americansolvent.com/2009/07/03/competition-vs-monopoly-whats-the-big-confusion/
What is the effect of advertisement on monopolistic competition?
There is not much need for adverticement when one company has a monopoly over one product. It is only needed to remind the people this product exists and where they can buy it. There is no competition if you have monopoly. If the product is coveted/needed/multiuseful usually one session of adverticing can result a rush to the store. This happened during war when there was lack of mostly anything. If you adverticed 'we have bread' you would advertice in a few moments 'we do not have bread'.
What is bilateral oligopoly?
Bilateral Oligopoly is a market structure in which a few sellers and a few buyers exist and both demand and supply sides have market power. There is no absolute equilibrium defined for such structure. the example is the intermediate goods market that is a few suppliers compete each other to sell and a few buyers compete to buy. collusion may happen on both sides.
What does monopolistic states mean for workers compensation?
It means there is a monopoly of insurance carriers- One carrier. That is usually a state government agency. If you have employees in that state covered by Worker's Comp, you must buy insurance coverage from that state agency.
Who is Gamestops competition?
GameStop competition is best buy, wall-mart toy r us and ext
Monopolistic competition is monopolistic up to the point at which consumers become willing to buy close-substitute products and competitive beyond that point Explain?
Monopolistic competition occurs in markets where many firms offer products that are similar but not identical, allowing each firm some degree of market power. Firms can set prices above marginal cost due to product differentiation, but as consumers find close substitutes, their willingness to switch limits this power. Beyond a certain point, increased competition from substitutes forces firms to lower prices and act more competitively. Thus, while firms enjoy some monopoly characteristics, the presence of close substitutes means they must also respond to competitive pressures.
How did companies reduce competition?
Buy the competition.
What is the best paintball gun not at competition level?
Tippmann 98 custom, only 100-150 bucks. What makes it the best is the flatline barrel you can buy, so much pwnage
Where is the Best place to buy ammunition online?
There is no "best" place. Vendors have sales, discounts, etc.. since they are in competition with each other. Don't forget to factor in S&H charges. Many times it is less expensive to buy locally.
Where can you buy a competition timer?
you can buy it from www.speedstacks.com which is official website for the speed stacks
Will Mc Mahon ever own TNA?
No. Vince doesn't want to buy competition, he to this day regrets buying WCW and ECW, because when he had competition it brought out the best of his show and that's why he wants TNA to succeed and promotes them and their shows.
What are monopolistic states in insurance?
A state-operated insurance fund where businesses are required to buy workers' compensation insurance from the state. Private insurers cannot operate in these monopolistic fund states. Rupp's Insurance & Risk Management Glossary. © 2002, NILS Publishing. All rights reserved.
What is the similarities between perfect competitive monopoly monopolistic competition and oligopoly?
Not many differences. Capitalism favors competition among private companies, but rarely creates monopolies. One source, in the references, says monopolies can be created by governments more than private companies. References: http://www.americansolvent.com/2009/07/03/competition-vs-monopoly-whats-the-big-confusion/
Why is competition needed in an economy?
buy stuff twice less price
You are planning to buy competition pistol is para-ordnance the right choice?
The quesiton can not be answered without knowing what type of competition discipline you are undertaking.
What is the effect of advertisement on monopolistic competition?
There is not much need for adverticement when one company has a monopoly over one product. It is only needed to remind the people this product exists and where they can buy it. There is no competition if you have monopoly. If the product is coveted/needed/multiuseful usually one session of adverticing can result a rush to the store. This happened during war when there was lack of mostly anything. If you adverticed 'we have bread' you would advertice in a few moments 'we do not have bread'.
