In this case all of the cracks and crevices are sealed. Then a hole is put in the slab to install the small fan and create sub-slab suction. The average Radon mitigation cost in Portland, Oregon, or Vancouver, Washington is between $800 to $2,500 with an average of $1,200.
The three conditions for monopolistic competition are (1) a large number of. producers, (2) differentiated products, and (3) free entry and exit. a. There are many bands that play at weddings, parties, and so on. There are no sig-. nificant barriers to entry or exit.
Â· Monopolist is a price maker. Â· Since there is a single firm, the firm and industry are one and same i.e. firm coincides the industry. Â· Monopoly firm faces downward sloping demand curve. It means he can sell more at lower price and vice versa. Therefore, elasticity of demand factor is very important for him.