Match the characteristic described with the market or markets it applies to by dragging and dropping the type of market into the bin provided. Each characteristic can have multiple answers and each market type can be used multiple times. Can earn economic profit in the long run Produces at lowest possible average cost in the long run The pricing choices of one firm have a dramatic effect on other firms in the market Faces a downward sloping demand curve Usually faces entry from new firms Is typically protected by barriers to market entry

Match the characteristic described with the market or markets it applies to by dragging and dropping the type of market into the bin provided. Each characteristic can have multiple answers and each market type can be used multiple times. Can earn economic profit in the long run Produces at lowest possible average cost in the long run The pricing choices of one firm have a dramatic effect on other firms in the market Faces a downward sloping demand curve Usually faces entry from new firms Is typically protected by barriers to market entry

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Solve all this question......you will not solve all questions then I will give you down?? upvote.....

sapling learning
Match the characteristic described with the market or markets it applies to by dragging and dropping the
type of market into the bin provided. Each characteristic can have multiple answers and each market type
can be used multiple times.
Can earn economic profit in the long
run
Produces at lowest possible average cost in the long run
The pricing choices of one firm have a dramatic effect on
other firms in the market
Faces a downward sloping demand curve
Usually faces entry from new firms
Is typically protected by barriers to market entry
Monopoly Perfect Competition Oligopoly Monopolistic Competition
000

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I only need answer to question D.
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