Which pair of market structures provides firms with the greatest ability to finance R&D out of retained earnings?
A)oligopolists and pure monopolists
B)pure competitors and pure monopolists
C)pure competitors and monopolistic competitors
D)monopolistic competitors and pure monopolists

Question

Quizplus · Accepted Answer

Oligopolists and pure monopolists typically have higher profits due to less competition, allowing them to retain more earnings that can be invested in research and development (R&D).

Which Pair of Market Structures Provides Firms with the Greatest