A market structure in which identical goods are produced by ...

[acc299]

A market structure in which identical goods are produced by several different firms and sold at the market determined price is referred to as:
 
  A) an oligopoly.
  B) a monopoly.
  C) perfect competition.
  D) monopolistic competition.

Question 2

When y changes, x stays the same. The line depicting this relationship would be
 
  A) vertical.
  B) horizontal.
  C) linear with a negative slope.
  D) linear with a positive slope.

[lolol]

Answer to Question 1

C

Answer to Question 2

A

[acc299]

Thanks for the timely response, appreciate it

[peter]

TYSM