gregorstrong2 gregorstrong2
  • 22-03-2022
  • Business
contestada

Why is the housing market not a perfectly competitive market

Respuesta :

579275 579275
  • 22-03-2022
Firstly, in a perfectly competitive market, all the products are homogeneous, meaning they are all identical. this is clearly untrue in the housing market as houses are not all the same, they vary in size, location, quality and many other areas.
Answer Link
ralmm82
ralmm82 ralmm82
  • 22-03-2022

Answer:

houses are essential. a need doesn't fall in perfect competition conditions.

Answer Link

Otras preguntas

What was the significance of the Battle of Stalingrad?
Why would Amanda be worried that she might have coeliac disease (runs in family history) but she has no symptoms?
PPLLEEAASSEE Step 4: In the pulmonary circulation, the blood travels through the capillaries of the lungs that surround the _______. During this step the blood
What is the value of x?
The image shows a geometric representation of the function f(x) = x^2 + 2x + 3 written in standard form. What is this function written in vertex form? f(x) =
Please help with perimiter
which of the following is NOT a was that the christian church influenced daily life in Europe? encouraged uprising against feudal lords provide education throu
Marianne is running in a race. This fable shows the time and distance she has already run. If she continues at the same rate, how many meters will she have
What expression is represented by the factorization below? (3x+2)(3x - 2)
A.-2,3 B.-1,2 C.1,-3 D.2,3