Which of the following arises when two or more enterprises encounter each other in different regional markets, national markets, or industries?
A)Monopoly
B)Monopsony
C)Cartel
D)Multipoint competition
E)Oligopsony

Question

Quizplus · Accepted Answer

Multipoint competition arises when two or more enterprises encounter each other in different regional markets, national markets, or industries. Economic theory suggests that rather like chess players jockeying for advantage, firms will try to match each other's moves in different markets to try to hold each other in check.

Which of the Following Arises When Two or More Enterprises