The market for tomatoes is A. monopolistically competitive because tomato farming has barriers to entry. B. an oligopoly because each tomato farmer produces a large share of the output. C. perfectly competitive because tomato farmers produce identical products. D. perfectly competitive because tomato farmers have market power. E. a monopoly because tomatoes have no close substitutes.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The market for tomatoes is A. monopolistically competitive because tomato farming has barriers to entry. B. an oligopoly because each ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Some major technology companies have faced scrutiny in the past when it comes to labor and human rights on the overseas suppliers' side. What are the challenges of monitoring overseas suppliers (especially tier 3, tier 4, etc.
Answers (1)
Clemmens Company applies overhead based on direct labor cost. Estimated overhead and direct labor costs for the year were $120,500 and $124,100, respectively. During the year, actual overhead was $106,500 and actual direct labor cost was $110,800.
Answers (1)
A company is considering manufacturing a new product. When figuring out its economic feasibility, all costs of manufacturing the product are added together.
Answers (1)
Urban outsiders has a building that originally cost $390,000. the company expects to be able to sell the facility for $258,000 at the end of its useful life. the balance of the related accumulated depreciation account is $113,000.
Answers (1)
An individual who is responsible for carrying out the provisions of your will and managing your property until the estate is passed on to your heirs is called the
Answers (1)
New Questions in Business
The balances in Sanchez Accounting Services' office supplies account on February 1 and February 28 were $800 and $400, respectively.
Answers (1)
One of the causes of the financial crisis of 2008 was the connectedness of financial institutions, where financial assets for one firm are often debt for other financial institutions.
Answers (1)
SL Energy has $500,000 invested in a 2-stock portfolio. $250,000 is invested in Potts Manufacturing and the remainder is invested in Stohs Corporation. Potts' beta is 2.0 and Stohs' beta is 0.8. What is the portfolio's beta? the portfolio's beta?
Answers (1)
Calculate the future value of an account after you've contributed $1 comma 050 at the end of each year for 40 years assuming you can earn 6.00 percent compounded annually, and that you don't make a withdrawal during the 40-year period.
Answers (1)
A nut store normally sells cashews for $4.00 per pound and peanuts for $1.50 per pound. But at the end of the month the peanuts had not sold well, so, in order to sell 40 pounds of peanuts, the manager decided to mix the 40 pounds of peanuts with
Answers (1)