Which of the following market types has only a few competing firms?
A) perfect competition
B) monopolistic competition
C) oligopoly
D) monopoly
E) perfect competition and monopolistic competition
C
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The price elasticity of supply for Good A is equal to 0 . Fifty units of Good A are supplied when its price is $40.0 . If the price of Good A increases to $44.80, its supply will: a. decrease to 44 units
b. increase to 56 units. c. increase to 54 units. d. remain the same at 50 units.
Economic growth occurs when
A. a large part of a country's population is poor. B. a society sacrifices an amount of one good for more of another along its production possibility frontier. C. a society acquires additional resources or when its technology advances. D. there is unemployment of labor but other resources are used efficiently
As more satisfaction is expected from the purchase of a product, the flow of dopamine in the brain increases.
Answer the following statement true (T) or false (F)
Which of the following is considered the starting point of effective human resource management?
A) External staffing B) Recruitment C) Planning D) Financing E) Compensation