A number of stores at Findley Market sell fresh fruits and vegetables. The products appear to be identical and the prices differ little, if at all. What type of market structure is this?
a. monopoly
b. monopolistic competition
c. oligopoly
d. perfect competition
d
You might also like to view...
In an AP/CD process "establish payable" would normally be triggered by:
a. vendor invoice b. a purchase order c. a copy of the purchase order sent to the inventory process d. a vendor acknowledgement
An example of an external document would include which of the following?
a. Vendor invoices. b. Customer orders. c. Confirmation replies from customers. d. All the above.
Which of the following terms refers to a charge made by a shipowner when a charterer keeps a ship idle for more than the agreed-upon number of lay days?
A. claused bill of lading B. dead freight C. demurrage D. clean bill of lading
Marginal productivity theory argues that employers pay
A. differential value. B. use value. C. surplus value. D. exchange value.