Entry into a monopolistic competitive industry
A) is easy.
B) is hard.
C) requires governmental approval.
D) requires collusion.
Answer: A
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Which of the following type of funds cater to wealthy individuals, are not bound by government regulations, and are actively traded in foreign exchange markets?
A) pension funds B) mutual funds C) hedge funds D) exchange funds
Between 1930 and 1933, many banks in the U.S. failed because: a. the FDIC moved too slowly to prevent the bank failures
b. most bankers were either corrupt or incompetent. c. of excessive regulation by the federal government. d. people shifted their funds to take advantage of rising stock market prices. e. people lost confidence in them.
Physical capital
a. Land materials ...trees b. The stock of equipment and building that used to produce goods and service
When the FTC investigated whether firms conspired to fix prices of computer memory called dynamic random-access memory (DRAM) chips, Samsung, Micron Technology, Hynix Semiconductor, and Infineon controlled more than 75 percent of the market for DRAM chips. The market for these chips is most likely:
A. oligopolistic. B. monopolistic. C. perfectly competitive. D. monopolistically competitive.