Country that started earliest in structural adjustment in moving away from command economy policies
High rates of this will hurt the economy in several ways
Which type of market structure has no competitors in its industry which reduces the output in order to drive up prices and increase profits
Countries that have this type of advances and innovation have a more competitive and sustainable economy and combined with human development this will lead to economic growth
The rivalry among sellers trying to achieve goals such as increasing profits, market share and sales volume and the effort of tow or more parties acting independently to secure business of a third party by offering the most favorable terms
Which type of market structure has numerous small firms competing against each other to produce socially optimal levels and minimum possible costs per unit?
Country that under went very rapid structure adjustment "shock therapy" and started later than other
Companies working together to drive down prices (illegal)
Verticales
What kind of economy are most market economies really since a market economy does not exist in its pure form because governments do regulate them to varying degrees
Which of the market structures is an industry with only a few companies and they may collude to reduce output and drive up profits like a monopoly does, however, they often end up competing against each other
What kind of market structure is where an industry contains many competing firms with similar but different products like restaurants all serve food but different types of food at different locations
What kind of economy does the United States have?
What kind of economy is the opposite of a market economy and has the decisions typically made through the government?
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