The airline industry is an example of a(n) ________ industry.

A. monopolistic
B. perfectly competitive
C. oligopolistic
D. monopolistically competitive


Answer: C

Economics

You might also like to view...

If the present value equation used to calculate the price of a stock you are considering buying is "[$12 / (0.05 - 0.02)], which of the following is correct, assuming that dividends will grow at a constant rate?

A) The dividend is $12 per share, the dividend growth rate is 2 percent, and the interest rate is 5 percent. B) The stock price is $12, the dividend growth rate is 5 percent, and the interest rate is 3 percent. C) The dividend is $12 per share, the dividend growth rate is 5 percent, and the interest rate is 2 percent. D) The stock price is $12, the dividend growth rate is 2 percent, and the interest rate is 5 percent.

Economics

Suppose that over the past year, the real interest rate was 3 percent and the inflation rate was 1 percent. It follows that

a. the dollar value of savings increased at 2 percent, and the purchasing power of savings increased at 3 percent. b. the dollar value of savings increased at 2 percent, and the purchasing power of savings increased at 4 percent. c. the dollar value of savings increased at 4 percent, and the purchasing power of savings increased at 2 percent. d. the dollar value of savings increased at 4 percent, and the purchasing power of savings increased at 3 percent.

Economics

Discuss the primary causes of bank failures in the United States during the late 1920s and early 1930s.

What will be an ideal response?

Economics

Investment is the expenditure done by

What will be an ideal response?

Economics