The four main types of market structure are
A) perfect competition, monopolistic competition, oligopoly, and monopoly.
B) land, labor, capital, and business know-how.
C) average market, market balance, equilibrium, and marginal product.
D) marginal cost, revenue, product, and price.
Correct Answer:
Verified
Q21: An example of an oligopoly is the
A)
Q22: The easiest way to have a monopoly
Q23: A good example of monopolistic competition is
A)
Q24: Microsoft's two main products,Windows and Office,could be
Q25: Market power is
A) the combination of price
Q27: _ is paid communication with potential customers
Q28: An example of a barrier to entry
Q29: A business with market power may
A) be
Q30: In the long run,monopolistic competition starts to
Q31: AT&T is an example of a business
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