________: a market structure in which there are a small number of sellers
Fill in the blank(s) with correct word
Oligopoly
You might also like to view...
Based on the production data for Pat's Pizza Parlor in the above table, the marginal product of the 4th worker is ________ pizzas
A) 5 B) 8 C) 10 D) 45
Lori, who currently owns stock in four companies, has decided to expand her portfolio by purchasing stock in virtually every company that sells stock. In doing so, Lori will
a. increase the risk of her portfolio. b. decrease some, but not all, of the risk of her portfolio. c. decrease all of the risk of her portfolio. d. leave the risk of her portfolio unchanged from its present level.
Borrowing in one's own currency has many advantages for low-income nations (such as Chile). Which of the following is NOT an advantage?
A) Service payments are usually retained in the nation. B) Defaults are typically not an issue. C) The nation is never obliged to repay—it can roll over the debt in perpetuity. D) More national debt actually helps credit markets deepen and mature.
When economists value rewards that will be experienced in the future, they multiply the reward by a:
A) positive factor more than 1. B) positive factor less than 1. C) negative factor more than -1. D) negative factor less than -1.