List the reasons for the near collapse ofgovernment finances in France.
monopolistic competition -A market structure in which many firms sell a differentiated product, entry is relatively easy, each firm has some control over its product price, and there is considerable nonprice competition product differentiation- A strategy in which one firm's product is distinguished from competing products by means of its d esign, related services, quality, location, or other attributes (except price). nonprice competition- Competition based on distinguishing one's product by means of product differentiation and then advertising the distinguished product to consumers. four-firm concentration ratio- The percentage of total industry sales accounted for by the top four firms in an industry. herfindahl index- A measure of the concentration and competitiveness of an industry; calc