Check my work In most larger cities where there are several grocery stores, the market form is Multiple Choice monopoly. oligopoly. monopolistic competition. perfect competition.

There are thousands of wheat farmers who produce and sell wheat and there are millions of consumers who use wheat and wheat products. What would the market for wheat be considered?   Question 15 options:   monopolistic   perfectly competitive   monopolistically competitive   oligopolistic

Why do companies in monopolistic markets keep advertising? Explain with pictures.

None

Using examples expalin how monopolistically competitive and oligopolistic firms use non price methods to compete

Imagine a scenario in which the fashion industry is suffering from monopolistic price gouging and a dwindling demand

Exercise A.7. If you were thinking about getting into the ice cream business, would you try to make an ice cream exactly like the (successful) brands that already exist? Explain your decision using the ideas about monopolistic competition

Not copy anything

Suppose the carwash market is monopolistically competitive and that businesses in this market are currently earning positive economic profits. In the long run, the demand for an individual car wash business will the market , which will cause economic profits to as more carwash businesses enter Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a fall; rise fall; fall to zero rise; fall to zero d rise; rise

What makes a Monopolistic Competition a Perfect Competition.