When a domestic monopolist in a small country becomes subject to international competition, it behaves as:

a. a monopolist.
b. a duopolist.
c. an imperfect competitor.
d. a perfect competitor.


Answer: d. a perfect competitor.

Economics

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Indicate whether the statement is true or false

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a. True b. False Indicate whether the statement is true or false

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What will be an ideal response?

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