menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Managerial Economics Study Set 1
  4. Exam
    Exam 8: Market Structure and Long Run Equilibrium
  5. Question
    ​All of These Are Characteristics of a Competitive Industry,except
Solved

​All of These Are Characteristics of a Competitive Industry,except

Question 44

Question 44

Multiple Choice

​All of these are characteristics of a competitive industry,except:


A) ​Many substitutes
B) No barriers to entry
C) Homogenous product
D) ​Little or no information on rivals' products

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q39: ​A new cure for Toenail fungus is

Q40: ​The concept of mean reversion is defined

Q41: A perfectly competitive firm has​<br>A)​A perfectly elastic

Q42: ​In equilibrium,low risk assets earn a _return

Q43: ​A market tends to be monopolistic if<br>A)​The

Q45: ​A small town in West Texas has

Q46: ​Which of the following cannot be classified

Q47: ​A sudden rise in the market demand

Q48: In equilibrium,high risk stocks would typically be

Q49: ​A monopoly firm is a _ and

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines