Which of the following is NOT one of the types of markets we discussed?
A. oxymoron
B. perfect competition
C. monopolistic
D. oligopoly

Answers

Answer 1

Answer: D. Oligopoly

Explanation: A perfect competition market describes an arrangement where there exists man buyers and sellers trading an identical goods for which neither the buyers nor the seller can exercise significant market  power. The buyers cannot influence the price and the sellers also cannot influence the price .


Related Questions

Why do governments redistribute wealth?
O So the rich won't get too rich
O To alleviate Poverty
O To provide for public goods
O Government Employees are bored

Answers

Answer:

O to provide for public goods

Explanation:

I hope it helps you

Imagine a simple economy with only two people, Augustus and Livia. a. Let the social welfare function be W= UL+UA where UL and UA are the utilities of Livia and Augustus, respectively. Graph the social indifference curves. How would you describe the relative importance assigned to their respective well-being? b. Repeat part a when W= UL + 2UA c. Assume that the utility possibilities curve is as follows

Answers

The indifference curve is illustrated below.

How to explain the indifference curve?

The social utility function is W = UL + UA, then the social indifference curves are straight lines with a slope of -1.

We write W = UL + UA = 1. Rearranging the terms obtains: UL = 1 – UA

This is the algebraic form for this indifference curve. Geometrically, it’s a straight line with the slope -1.

We can construct indifference curves for other levels of the social utility:

UL = 2 – UA for W=2, UL = 3 – UA for W=3, etc.

This social utility function implies that society views Augustus and Livia as interchangeable members of society

If the social utility function is W = UL + 2UA, then the society values Augustus’ utility twice as much as Livia’s utility.

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More than two years after the epidemic, the crime rate in Los Angeles has increased, and it is difficult for the police department to recruit
At present, the city of Los Angeles lacks 426 sworn police officers. The Los Angeles Police Department is helping the police reduce the high cost of living and increase recruitment by providing incentives such as housing and signing bonuses.
Michel Moore, director of the Los Angeles Police Department, said that the police department was conducting outreach work in various ways, and targeted recruitment in communities such as African Americans and Asian Pacific Americans.
In the absence of police, the crime rate in Los Angeles is rising, so that the police department has issued a series of community safety warnings.

Answers

The issuance of a safety warning is the right decision of the police department for the security of the people.

What did the police department do for the people?

The police department did the right thing to issue a series of community safety warnings so that the community can take care of themselves and not depend on the police. If the police department did not issue such type of safety warnings, then the whole responsibility comes to the police.

So we can conclude that the issuance of safety a warning is the right decision of the police department for the security of the people.

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An individuals consistent pattern of thought and behaviour is known as an__

Answers

Answer:

Personality traits

Explanation:

All of the following are characteristics of oligopoly EXCEPT
A. there is mutual interdependence between the firms.
B. there are high barriers to entry.
C. About 4 firms usually have 50% or more of the market share.
D. it is not possible to make profit in the long or short run.

Answers

All of the following are characteristics of oligopoly EXCEPT it is not possible to make profit in the long or short run.

What is oligopoly?

This is a market structure, where a very few large sellers dominate the industry in which emerging business cannot compete due to high costs of setting up.

Oligopoly occurs when most products or services are provided by only a few large companies or business.

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The impact of stereotypes on public opinion​

Answers

Answer:

Stereotypes influence how we think about other people. Stereotypes direct our attention toward some things and away from others, affecting what we notice, and what we remember later on.

Explain why a substantive disagreement may never be resolved. Your answer should be between 50 and 100 words.

Answers

Substantive disagreement may never be resolved because it leads to clashes of opinions.

A disagreement or argument is said to be substantial if it centers on the presentation of divergent viewpoints regarding the truth or the adherence to opposing ideals.

There must be a means to distinguish substantive disagreement (SD) from conceptual disagreement if legal concepts can be the subject of SD. Arguments that persons debating a certain philosophical problem are only having a linguistic argument are one approach to reject the substantiveness of the issue. For instance, it has been argued that the seeming conflict over the mind/brain identity thesis is only a word one and that there is no real controversy over whether or not mental traits are the same as neurological ones.

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The science of astronomy was advanced greatly by space travel, allowing observations above the earth's atmosphere.
argument or nonargument the statement

Answers

The science of astronomy was advanced greatly by space travel, allowing observations above the earth's atmosphere.

Astronomy is largely an academic site about the observation and scientific study of celestial objects. It includes various objects like sun , moon , planets and stars.  It is important to know about cosmic origin. Astrology is helpful to understand events on earth. People have studied stars and their patterns for thousands of years.

. They also allowed observations above the earth's atmosphere. The science of astronomy was advanced greatly by space travel, allowing observations above the earth's atmosphere .In astronomy, the Universe is our laboratory!

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2. How Is Knowledge Acquired? What distinguishes knowledge from mere belief? How
can we know that we know? What are necessary and sufficient conditions of
knowledge?

Answers

The ways that  Knowledge Acquired are:

Intuition authorityexperience reasoning

What distinguishes knowledge from mere belief is that belief is  been seen to be subjective requirement for knowledge and Knowledge serves as a justified true belief.

The  necessary and sufficient conditions of knowledge are :

truth belief justification

What is Knowledge?

Knowledge serves as a familiarity as well as the  awareness, of a particular thing which could be  facts as well as  skills, or objects which brings about understanding.

In this case,  What distinguishes knowledge from mere belief is that belief is  been seen to be subjective requirement for knowledge and Knowledge serves as a justified true belief.

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Why youth do not want to participate in civil life

Answers

The inability to form relationships with peers or adults, the unwillingness of peers to participate in civic activities, social and emotional reasons and a lack of resources were the most significant barriers to participation in civic activities.

This is further explained below.

What is civil life?

Generally, In contrast to a private or personal life, which is committed to the pursuit of one's own private and personal interests, civic life is the "public life of the citizen concerned with the issues of the community and country."

In conclusion, The inability to form relationships with peers or adults, the unwillingness of peers to participate in civic activities, social and emotional reasons, and a lack of resources were the most significant impediments to participation in civic activities.

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The new growth theory emphasizes the role of:
Group of answer choices

a. technology.

b. human capital.

c. physical capital.

d. entrepreneurship.

Answers

d. entrepreneurship :)

A table that displays the number of times a particular value or category is observed in the data is referred to as ______.
Group of answer choices

a descriptive analysis

a frequency distribution

measures of central tendency

measures of dispersion

Answers

A table that displays the number of times a particular value or category is observed in the data is called a frequency distribution.

Frequency distribution tables are a extra meaningful way to organize your statistics. suppose you have got a list of IQ ratings for a skilled study room in a selected elementary college.

The frequency of the cost is the variety of instances it occurs inside the dataset. The frequency distribution is the frequency pattern of a variable. this is the wide variety of instances each possible value of a variable happens in the dataset.

Cumulative frequency distribution. Relative frequency distribution. Relative cumulative frequency distribution. To do this, divide the frequency through the total wide variety of outcomes and multiply by a hundred. In this situation, the frequency of the primary row is 1 and the full quantity of effects is 10. In this situation, the share might be 10 The closing column is the cumulative percent.

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What convinces scientists that current warming trends are not solely part of
Earth's natural cycle?
A. The current changes are happening much slower than past
changes.
O
B. The current changes are happening much faster than past
changes.
O C. The current changes are much smaller than in the past.
0
D. The current changes are paired with declining carbon dioxide
levels.

Answers

The thing that convinces scientists that current warming trends are not solely part of Earth's natural cycle is B. The current changes are happening much faster than past changes.

Who is a scientist?

It should be noted that a scientist simply means someone who studied science and researches in science.

In this case, the thing that convinces scientists that current warming trends are not solely part of Earth's natural cycle is that the current changes are happening much faster than past changes.

In conclusion, the correct option is B.

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Do you believe it is fair that the members of the United Nations Security Council have the most power in the United Nations considering Micronesia is not part of the UN Security Council?

Answers

It is fair that the United Nations Security Council has the most power in the U.N. even if Micronesia is not a member of the Council because membership rotates every two years.

Is it fair for the UNSC to have the most power in the U.N?

The UNSC is mandated to provide international peace and to do that, they need more powers. It is therefore fair for them to be as powerful as they are.

It is also fair because the members of this council are not all permanent and 10 of them are changed every 2 years to allow other nations to be a part of decisions regarding world peace.

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