--%>

International market for auto industry

The international market for the auto industry in the 21st century is probably best described as a blend of: (1) pure and monopolistic competition. (2) monopolistic competition and oligopoly. (3) oligopoly and cartel. (4) technological obsolescence and X-inefficient management. (5) cartel and monopoly.

Can someone explain/help me with best solution about problem of Economics...

   Related Questions in Microeconomics

  • Q : Mixed economic resolves essential

    Why do some people think that a mixed economic system resolves essential economic problems?

  • Q : Transfer payments in Market Transfer

    Transfer payments into the U.S.: (w) have little effect on income distribution. (x) are mainly received by wealthy families. (y) tend to reduce poverty. (z) eliminate the cause of poverty. Please choose the right a

  • Q : Monopolistic Exploitation-Demand for

    I have a problem in economics on Monopolistic Exploitation-Demand for Labor. Please help me in the following question. The monopolistic exploitation is exercised if the employment equilibrium for a firm involves: (i) MRP > MFC. (ii) Paying the work

  • Q : Hiring labor for Profit Maximization

    When the marginal revenue product of the very last worker hired is more than the marginal resource cost of the worker, then the firm: (1) Is experiencing rising returns to the scale. (2) Can raise its gains by hiring more labor. (3) Is maximizing the profit. (4) Must

  • Q : Comparative statics and consumer demand

    Explain the methodological procedure called comparative statics.  What does this procedure imply regarding the nature of the consumer demand curve?

  • Q : Characterized monopolistic competition

    Within the long run a monopolistically competitive firm will not be characterized through: (w) zero economic profit. (x) price greater than marginal revenue. (y) production at lowest possible average total cost. (z) price greater than marginal cost.

  • Q : Size Distribution of Income The degree

    The degree of inequality of income in between households and individuals is the: (w) marginal productivity theory of income distribution. (x) functional distribution of income. (y) distribution of wealth. (z) size distribution of income.

  • Q : Production falls and price of demand

    A candy factory generated 5.2 million packages of gummy worms in this year as well as sold them for $1.27 all. Last year this sold 4.7 million packages of gummy worms of $1.36 all. Such firm’s gummy worms have price elasticity of demand roughly

  • Q : Determine price and quantity by

    The price elasticity of demand at a specified price and quantity is demonstrated by the ratio of the relative as: (w) change within quantity demanded over a specified proportional price change. (x) reciprocal of the price elasticity o

  • Q : How is TVC derived from MC How is TVC

    How is TVC derived from MC? Answer: TVC = Sigma MC