_____ are market structures with one company as the supplier of a product because the nature of that product makes a single supplier more efficient than multiple, competing ones.

A. Monopolistic competitions
B. Oligopolies
C. Pure competitions
D. Natural monopolies


Answer: D

Business

You might also like to view...

Answer the following statements true (T) or false (F)

Unlike stock price, which is forward looking, residual income focuses on historical performance.

Business

John buys a new car with the help of a loan. He permits the creditor to take possession of the car if he cannot repay the loan in time. Here, the car is the ________

A) after-acquired property B) collateral C) intangible personal property D) floating lien

Business

One way to ensure sustained commitment to CR is to _______ managers and other employees to deliver CR results.

a. hire b. monitor c. incentivize d. audit

Business

Accrued liabilities could include all of the following except:

A. Income Tax Payable. B. Interest Payable. C. Wages and Salaries Payable. D. Current Portion of Long-Term Debt.

Business