subject
Social Studies, 02.09.2021 22:10 twinky5

Only two large corporations sell cars in a country. Though they sometimes compete for customers, the corporations have agreed never to lower their prices below a certain level. They also operate in different parts of the country so that few consumers have a real choice between the companies. As a result, the companies have little direct competition. this situation best illustrates which market condition?

ansver
Answers: 2

Another question on Social Studies

question
Social Studies, 22.06.2019 01:00
Match the following items. 1. free enterprise system 2. mixed economy 3. the former soviet union 4. land and capital (a) private and state ownership of business (b) factors of production (c) private ownership of capital (d) command economy
Answers: 3
question
Social Studies, 22.06.2019 19:30
What was one step that charlemagne took to unite his kingdom? a. he chose a single strong heir to inherit his throne. b. he drove muslim forces out of europe. c. he created and supported schools. d. he declared himself head of the catholic church.
Answers: 2
question
Social Studies, 22.06.2019 19:30
Banks offer services such as checking and savings accounts. what do banks do with most of the money they receive in deposits from customers? a) they loan it out to other customers. b) they spend it on new banks in other places. c) they keep it in a locked, secured vault in the bank. d) they send it to the federal reserve in washington, d.c.
Answers: 2
question
Social Studies, 23.06.2019 01:30
In human relations, the irritation threshold is the
Answers: 1
You know the right answer?
Only two large corporations sell cars in a country. Though they sometimes compete for customers, the...
Questions
Questions on the website: 13722367