The Dealey Electric Group produces light bulbs that are used in refrigerator manufacturing. Currently, only three other companies produce bulbs used in the production of refrigerators, with Dealey as the leader in market share. In this case, Dealey Electric Group would be considered
A. an oligopoly.
B. a monopoly.
C. involved in monopolistic competition.
D. involved in perfect competition.
E. involved in a perfect oligopoly.
Answer: A
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Effective marketing benefits society because it
A. reduces competition, making the playing field more even. B. allows companies to charge whatever price they want, regardless of product quality. C. improves the quality of products and services regardless of the cost. D. makes countries more competitive in world markets while simultaneously reducing competition in their home markets. E. enhances competition, which improves the quality of products and services and lowers prices.
The quality of earnings will be affected by which of the following?
a. Estimation of building's useful life b. Choice of inventory method c. Discontinued operations d. All of these
You generally lose all your assets in straight bankruptcy and keep about half of them in a wage-earner plan
Indicate whether the statement is true or false.
What does a continuing guarantee clause in a standard form bank guarantee form means?
A) The guarantor will be liable for any future money lent by the bank to the principal debtor. B) The guarantor will not be liable for repayment if she gives notice to that effect to the bank. C) The common law rules respecting guarantees do not apply D) Both A and C E) Both B and C