Agriculture, or farming, is a decent example of which type of economic market? a. oligopoly b. monopolistic competition c. monopoly d. perfect competition
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- Which one of the following market structure is the less competitive? a. Perfect competition b. Monopolistic competition c. Monopoly d. OligopolySuppose, Pfizer Company is the only company allowed by the Sultanate government to sell COVID vaccine in Oman. According to you, what type of market Pfizer Company is having in Oman? a. Monopoly market b. Monopolistic market c. Competitive market d. Oligopoly marketIn which market model must firms take into account the actions of their competitors before they can determine their profit- maximizing quantity? a. Perfect competition b. Monopoly c. Oligopoly d. Monopolistic competition
- Which market structure shown below would be expected to maximize consumer surplus? A. Monopoly B. Oligopoly C. Perfectly CompetitiveLocal gas stations in cities are an example of: A. monopoly firms B. monopolistic components C. oligopoly firms D. perfectly competitive E. monopolistic competitionNeed answer ASAP Jean City Water District is an example of firm operating under what type of market? a. Perfect competition b. Monopolistic competition c. Monopoly d. Oligopoly
- In economics, what is the term for a market with only one seller, producing a unique product with no close substitutes? A. Oligopoly B. Monopolistic competition C. Perfect competition D. Monopolyis an organization created a formal agreement between a group of producers of a good or service, to regulate supply in an effect to regulate or manipulate prices. Select one: a. Oligopoly. b. Cartel. c. Perfect competition. d. Monopoly.What is the economic term for a market structure characterized by a single seller who produces goods or services for which there are no close substitutes, and high barriers to entry prevent other firms from entering the market to compete? A. Oligopoly B. Monopoly C. Perfect Competition D. Monopolistic Competition
- The market structure where there are stringent government regulations before you can enter into it. A. Perfect competition C. Oligopoly B. Monopolistic competition D. MonopolyThis is a business structure organized to control production of reach member to command higher prices a. duopoly b. oligopoly c. perfect competition d. pure competition When government imposes SRP( suggested retail price). the market condition is under a. perfect competition b. natural competition c. pure competition d. economic regulation When firms compete among themselves, the market is at a. oligopolistic competition b. monopolistic competition c. perfect competition d. pure competitionEconomists recognize all of the following market types except ________. Select one: a. oligopolistic competition b. monopoly c. oligopolistic monopoly d. monopolistic competition e. pure competition