producers sell products that are differentiated from one another as goods but not perfect substitutes (such as from branding‚ quality‚ or location). In monopolistic competition‚ a firm takes the prices charged by its rivals as given and ignores the impact of its own prices on the prices of other firms.[1][2] In the presence of coercive government‚ monopolistic competition will fall into government-granted monopoly. Unlike perfect competition‚ the firm maintains spare capacity. Models of monopolistic competition
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is meant by a perfect English. The class started off with the right momentum‚ everybody was engaged and involved in the discussion. Interns and facilitators knew that the conclusion to the discussion was to reach a consensus with students that there is no such thing as a perfect English and at the end‚ what mattered was a perfect grammar. Perhaps it was because we were less prepared in determining the scope of the discussion‚ we ended up slightly touching on the subject of “perfect English” and diverted
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saving‚ present progressive c. Have been‚ present perfect simple d. Have been going‚ present perfect progressive e. Had spent‚ past perfect f. had been sleeping‚ past perfect progressive and turned‚ simple past g. have been awarded‚ present perfect passive 2.2 a. ‘I read the report this morning’ is in the past simple tense‚ describing a completed action‚ something which is over‚ whereas ‘I’ve read the report this morning’ is in the present perfect tense‚ indicating that the action is not necessarily
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Q.No 1- Inflation is a global Phenomenon which is associated with high price causes decline in the value for money. It exists when the amount of money in the country is in excess of the physical volume of goods and services. Explain the reasons for this monetary phenomenon. Inflation is commonly understood as a situation of substantial and rapid increase in the level of prices and consequent deterioration in the value of money over period of time. It refers to the advantage rise in the general
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My "Perfect" City I. Utilities The city I propose as a perfect city‚ would be as close to an ecocity as possible‚ although have some differences. For example‚ for electrical needs‚ I would suggest the city have a solar power plant‚ but on those desperate times‚ energy would be bought from other electrical plants from nearby towns or states. Water purification and a wastewater treatment plants would be necessary in order to provide the citizens and visitors with clean
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The Perfect Boyfriend - College Essay When I describe the perfect boyfriend I could have‚ I think of one I already had. When I was a sophomore‚ I met a different kind of boy. One who was sweet‚ and warm and funny: different. He was a puzzle piece that didn’t fit the rest of the puzzle and just right for me. Before him‚ I always thought my first love was my first boyfriend‚ but no‚ this one was. The first thing I noticed was his dark chocolate brown eyes‚ and I was hooked. He had soft‚ floppy
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Differentiating Between Market Structures ECO/365 Principles of Microeconomics August 30‚ 2012 Differentiating Between Market Structures Retail sales are indicators of microeconomic conditions presented in a given area at a particular place in time. Since Sam Walton opened his first Wal-Mart store‚ Wal-Mart has been making ripples throughout the micro economies of America. Wal-Mart’s market structure is typical of most of our nation’s largest corporations in that they are an oligopoly (Brown
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Differentiating Between Market Structures ECO 365 April 6‚ 2014 Differentiating Between Market Structures Market structure is the state of the market with respect to its competition. There are several different market structures such as perfect competition‚ monopolies‚ and oligopoly. An industry consists of all firms making similar or identical products. Economists assume that there are a number of different buyers and sellers in the marketplace (Heakal‚ 2014). In some industries‚ there are
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their job. Not enjoying the job makes the stress worse because they must continue to go to a job they have no interest in just to make enough money. Not only does a job for income create stress‚ it starts to overtake one’s life. In the novel‚ The Perfect Storm the author states a true scenario about a man losing his family over his job. Describing the job of a fisherman trying to support his family ultimately leaves him alone‚ “If it was hard on the men‚ it was even harder in the women… I did it for
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This Perfect Day is probably Ira Levin’s greatest work of his career. Levin’s work‚ despite being written in 1970‚ is very plausible having realistic technology‚ such as scanners and computers which watch over the entire family‚ the entire population of the world. This novel could be used to show the dangers of a Utopian society as well as being full of anti-Communist and anti-racist sentiment. This Perfect Day also displays the feeling that communist and segregated institutions can be defeated
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