Jessica is a violinist who believes she can extend her method of learning music to early childhood education. She opens a preschool in her hometown, using her expertise to form an arts-based program. What factor of production is this? Capital Entrepreneurship Labor Land
I think its Entrepreneurship
thats what i said
@april115 You're right.
guys dont leave i need more help :(
Which of the following correctly arranges market structures in order from easiest entry to hardest entry? Monopolistic competition, monopoly, pure competition, oligopoly Monopoly, oligopoly, monopolistic competition, pure competition Oligopoly, monopoly, monopolistic competition, pure competition Pure competition, monopolistic competition, oligopoly, monopoly
I have no idea o_o
How is this math?
^
its not i just figured all you smart people would be able to help
The interconnected characteristics of a market, such as the number and relative strength of buyers and sellers and degree of collusion among them, level and forms of competition, extent of product differentiation, and ease of entry into and exit from the market Four basic types of market structure are (1) Perfect competition: many buyers and sellers, none being able to influence prices. (2) Oligopoly: several large sellers who have some control over the prices. (3) Monopoly: single seller with considerable control over supply and prices. (4) Monopsony: single buyer with considerable control over demand and prices. \[businessdictionary.com\]
i know what they mean @calculusxy i just need help putting them in order :/
As I am not to good at this, but I can give you a tip to see which is like the hardest/
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