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

Assessing opportunity cost involves
What is another name for counting numbers
The type of chemical influencing cell division and elongation: Question 8 options: cytokinins gibberellins ethylene auxins
By adding white to a color to make it lighter, a new _________ of the original color can be created.a.tintc.depthb.toned.shade
what is 200000cm converted into km?
How do contemporary issues and culture shape your world view
In the scene to sir with love what was burning in the stove of the classroom
What is one reason why the expansion of the railroads caused prices of products to drop during the gilded age
How did walter Cronkite's proclamation that the Vietnam war was unwinnable affect politics?
Which artist became famous for the portraits of birds and other animals?