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Author Question: Which of the following is a feature of an oligopoly market? A) There is a large number of sellers ... (Read 37 times)

maychende

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Which of the following is a feature of an oligopoly market?
 
  A) There is a large number of sellers in this market.
  B) There are no barriers to entry in this market.
  C) Each firm in this market earns zero economic profits.
  D) Each firm's action affects the decisions of its rival.

Question 2

Most of the goods produced in an economy are ________.
 
  A) private goods
  B) public goods
  C) club goods
  D) inferior goods



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kjo;oj

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Answer to Question 1

D

Answer to Question 2

A




maychende

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Reply 2 on: Jun 29, 2018
:D TYSM


Laurenleakan

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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