Which of the following is one market trend that results when a monopolistically competitive firm starts earning profits well above its costs?a. The firm would become an oligopolistic firm because it has effectively eliminated the competition and now dominates the market alone.
b. The firm would try to lure 100 percent of customers by flooding the market with defective products.
c. Fierce competition would encourage rivals to create new ways to differentiate their products and lure customers to them.
d. The firm would eventually go out of business because demand would decrease.

Answers

Answer 1

Answer: The right answer for the question that is being asked and shown above is that: "a. The firm would become an oligopolistic firm because it has effectively eliminated the competition and now dominates the market alone."

Related Questions

What role did U.S. security forces play in Vietnam during the Kennedy administration?a. Military advisers supported the South Vietnamese army. b. The CIA plotted to undermine the Diem government.
Which of the following best describes the Middle Passage? A. It was the middle leg of a three-legged journey, a leg in which slaves were transported from Africa to the Americas. B. It refers to the transportation of African slaves across the Sahara to the Muslim states of the Middle East. C. It was the journey slaves took from the interior of Africa to cargo ships waiting on the Gold Coast. D. It was the ceremony that marked a young Africans entry into adulthood.
The Embargo Act of 1807 was an effective tool in persuading England to change its policy toward neutral shipping. a. True b. False
By the end of the Reconstruction era, most African-Americans in the United States
Which was the name for Franklin Roosevelt's agenda for solving the problems of the Great Depression?the New Agenda the Government Operating Plan the Good Deal the New Deal

While researching a history paper, you see a graph that shows federal spending on defense in the past 200 years. You notice that federal spending throughout the late 1900s shows much more spending on defense than in previous decades. What development most likely caused this sustained increase in US peacetime defense spending?. . A) Cold War.
B) World War I.
C) Vietnam War.
D) Korean War

Answers

The development that most likely caused this sustained increase in US peacetime defense spending is the Vietnam War. The correct answer is C.

Answer:

C) Vietnam War.

Explanation:

The war in Vietnam was a war fought between 1955 and 1975 to prevent the reunification of Vietnam under a socialist or communist government. In this war the Republic of Vietnam (South Vietnam) participated, which was against the communists, with the support of the United States and other allied nations of the United States against the local guerrillas of the National Front for the Liberation of Vietnam ( Viet Cong) and the Army of the Democratic Republic of Vietnam (North Vietnam), backed by China and the Soviet Union. It is estimated that between 3.8 and 5.7 million people died in total. The United States counted 58 159 casualties and more than 1,700 disappeared, constituting the longest conflict in that country until the Civil War in Afghanistan.

Agrarian societies took fundamental steps backward in the area of technology. True False

Answers

Yes, technically it is true that agrarian societies took fundamental steps backward in the area of technology, although it's not so much that they took steps back--but rather that they did not take steps forward. There were some that embraced technology, however.

Why was slavery especially common in the colony of South Carolina

Answers

the climate was good for cotton farming

it was one of the first and largest slave states and it housed the most slave owners due to it being the state in which the most cotton was grown

Which nations claim territory on Antarctica?Australia
Norway
China
Chile
United States

Answers

It would be Norway, Australia, and Chile that claim territory on Antarctica, along with several other nations such as France and Argentina. The United States does not have any territory there.

It was Australia, Norway and Chile.

What was the purpose of the Open Door Policy?

Answers

The purpose of the Open door Policy was to ensure that trade with China remained "fair and open" to all western nations that chose to engage with trade, since many countries saw a great advantage in having a healthy trade relationship with China.

How did religious fundamentalism play a role in the 1998 American embassy bombings?

Answers

Religious fundamentalism played a role in 1998 american embassy bombings because a religious fundamentalist group was responsible for carrying out the attacks on a specific date and targets were choose to symbolize their rejection of the influence of the United States of America.

Answer:

The terrorist attacks on the United States embassies in Africa took place on August 7, 1998 in Nairobi (Kenya), and in Dar es Salaam (Tanzania), the main objective being the embassies of the United States. These attacks, whose authors were linked to the terrorist group Al-Qaeda, led to Osama bin Laden, leader of the group, being included in the list of the ten most wanted FBI fugitives.

In the attack on the embassy in Nairobi, at least 213 people were killed, including 12 Americans, and between 4,000 and 5,500 people were injured. As a result of the violent explosion, several large buildings in the center of the city were completely destroyed and the weakening of Kenya's economy.

It was an attack with deep fundamentalist connections: the terrorist organization Al Qaeda was motivated to carry out a jihad against all those "enemies of Islam" who carried out "dishonorable and unfaithful behaviors". That is to say, the motivation for the attacks was based on Islamist religious precepts.

Other Questions

Which influential American artist of the 1950s introduced an abstract expressionist style of painting that made use of splatters, drips, and splashes of paint on canvas? A. Jackson Pollack B. Pablo Picasso C. Andy Warhol D. Georgia O'Keefe

a student is examining a current map of the world. which question might the student ask about the map if she wants to focus on an economic historical theme

President Reagan believed the spread of Communism in Latin America was directly due to

True or false The South opposed tariffs because it feared the tariffs would hurt its industry and factory workers.