Which of the following products would most likely be produced in a monopolistically competitive market?

A. gasoline
B. corn
C. local water supply
D. pizza


Answer: D

Economics

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If found guilty of violating antitrust law in their respective countries, managers in ________ and ________ can be imprisoned.

A) China; United States B) Japan; European Union C) United States; European Union D) China; European Union

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International trade based on the concept of comparative advantage allows trading partners to be better off than if they did not trade

a. True b. False

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The United States is the only country in the world with minimum-wage laws

a. True b. False Indicate whether the statement is true or false

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