--%>
Assignment Help - homework help

Monopolistic competition

In which market type, there is a requirement for selling or advertising costs?

Answer: Beneath monopolistic competition, there is a requirement of selling costs since the firms generate various brands of product.

   Related Questions in Microeconomics

  • Q : Income related to positive demand I

    I have a problem in economics on Income related to positive demand. Please help me in the following question. The goods for which the demands are positively related to income are termed as: (i) Normal goods. (ii) Inferior goods. (iii) Substitute neces

    		•
  • Q : Profit Maximization-Labor Can someone

    Can someone help me in finding out the right answer from the given options. All the profit maximizing organizations employ labor up to the point where: (w) MR   MC is maximized. (x) VMP = MFC. (y) VMP = MRP. (z) MRP = MFC.

    		•
  • Q : Problem on coefficient of income

    Refer to the following diagrams give the answer of following question. In which case would the coefficient of income elasticity be positive? 1) A 2) B  3) C  4) D    

    Q : Total revenue maximize by profit

    A profit maximizing monopoly which does not price discriminate will not: (w) produce in the elastic portion of the market demand curve. (x) experience raised total revenue when it reduces the price. (y) equate marginal revenue and mar

    		•
  • Q : Model of production possibilities

    Can someone help me in determining the right answer from the given options. The production possibilities frontier model can be employed to describe: (1) The scarcity. (2) Full employment, efficiency and limited resources. (3) The opportunity costs and

    		•
  • Q : Perfectly elastic supply problem When

    When will a rise in demand entail an increase in the quantity demanded however no change in the price?

    		•
  • Q : Transformation of Predictable Income

    The transformation of predictable income streams within wealth is termed as: (i) monetization. (ii) financial arbitrage. (iii) capitalization. (iv) seignorage. (v) capital accumulation. How can I solve my E

    		•
  • Q : Engage market power in price

    If this is possible, firms along with market power engage in price discrimination to: (i) defy civil rights legislation. (ii) help consumers. (iii) help the community. (iv) increase their profits. (v) reduce production costs.

  • Q : Formation of a cartel This would be

    This would be easiest to form a cartel between: (w) retail grocers. (x) aluminum producers. (y) dairy farmers. (z) domestic marijuana producers. Can anybody suggest me the proper explanation for given problem regar

    		•
  • Q : Question on tax payer New agricultural

    New agricultural program named as the Payment-in-Kind Program is introduced by the Reagan Administration, in the year of 1983. In order to distinguish how the program performed, consider the wheat market. Had the government not given the whea

    		•