All of the following industry types have market power except
A. oligopoly.
B. monopoly.
C. monopolistic competition.
D. perfect competition.
Answer: D
Economics
You might also like to view...
In one day Alpha Cabinet Company made 40 cabinets with 320 hours of labor. What was Alpha Cabinet Company's productivity?
a. 1/8 cabinet per hour b. 8 hours per cabinet c. 40 cabinets d. None of the above is correct.
Economics
Explain what can occur to cause an increase in the debt ratio
What will be an ideal response?
Economics
What is the amount of tariff imposed on a ton of sugar? 
A. $1,000 B. $500 C. $1 D. $50
Economics
The individual transferrable quota system (ITQ) used to control overfishing is a variation of
A) the tragedy of the commons. B) a prisoner's dilemma game. C) the cap-and-trade system. D) a negative externality.
Economics