The correct answer is c. monopolistic competition; similar but not identical. The fast-food industry has all the characteristics of monopolistic competition. First of all the products are slightly different.
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What type of monopoly is fast food?
Answer:Monopolistically competitive industries are those that contain more than a few firms, each of which offers a similar but not identical product. Take fast food, for example. The fast food market is quite competitive, and yet each firm has a monopoly in its own product.
2024-02-10 08:11:54
How fast is monopoly?
Answer:The Monopoly Speed board game can be played in under 10 minutes! Everyone rolls and buys at once so players don't have to wait for their turn. During 4 rounds, players race against the timer to buy, trade, and sell properties faster than ever.
2024-02-03 04:36:55
What is the most expensive spot in monopoly?
Answer:Boardwalk is the second Dark Blue property in Monopoly, along with Park Place. It is the most expensive property on a standard Monopoly Board, and the highest in rent revenue. The name was inspired by the Atlantic City Boardwalk in New Jersey and it is typically the most desired property in the US Monopoly game.
2024-01-13 05:31:23
Is nat type 2 fast?
Answer:Moderate – NAT Type 2: Gaming with a Moderate NAT setting allows for a much faster connection than a Strict NAT type. Moderate NAT options work with a firewall to protect users. The level of security is more robust, but Internet connectivity is slower than what most users are looking for.
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What type of monopoly is fast food?
Answer: Monopolistically competitive industries are those that contain more than a few firms, each of which offers a similar but not identical product. Take fast food, for example. The fast food market is quite competitive, and yet each firm has a monopoly in its own product.
2024-02-10 08:11:54
How fast is monopoly?
Answer: The Monopoly Speed board game can be played in under 10 minutes! Everyone rolls and buys at once so players don't have to wait for their turn. During 4 rounds, players race against the timer to buy, trade, and sell properties faster than ever.
2024-02-03 04:36:55
What is the most expensive spot in monopoly?
Answer: Boardwalk is the second Dark Blue property in Monopoly, along with Park Place. It is the most expensive property on a standard Monopoly Board, and the highest in rent revenue. The name was inspired by the Atlantic City Boardwalk in New Jersey and it is typically the most desired property in the US Monopoly game.
2024-01-13 05:31:23
Is nat type 2 fast?
Answer: Moderate – NAT Type 2: Gaming with a Moderate NAT setting allows for a much faster connection than a Strict NAT type. Moderate NAT options work with a firewall to protect users. The level of security is more robust, but Internet connectivity is slower than what most users are looking for.
2024-01-01 09:05:12