Which is an example of a differentiated oligopoly?

A. The beer industry.
B. The cement industry.
C. The primary aluminum industry.
D. The polyester fiber industry.


Answer: A

Economics

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Real wages usually lag behind the increases in labor productivity.

Answer the following statement true (T) or false (F)

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The traditional Keynesian approach to fiscal policy assumes that

A) an equal income distribution ensures a stable economy. B) consumers spend more when their incomes are higher. C) cutting taxes is a more effective way to stimulate the economy than is increasing government spending. D) the effect of unemployment compensation is to destabilize the economy.

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A rightward shift in the money supply curve is likely to produce a rightward shift in the money demand curve

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

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