This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The wheat growing industry consists of very many farmers producing identical products. The market ... (Read 89 times)

bobthebuilder

  • Hero Member
  • *****
  • Posts: 567
on: Jun 29, 2018
The wheat growing industry consists of very many farmers producing identical products. The market structure that best fits the wheat growing industry is probably
 
  A) perfect competition.
  B) monopolistic competition.
  C) monopoly.
  D) oligopoly.

Question 2

The United States Postal Service (USPS) is the only organization allowed to deliver first-class mail in the United States. The market structure that best fits the USPS is probably
 
  A) perfect competition.
  B) monopolistic competition.
  C) monopoly.
  D) oligopoly.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

JYan

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


bobthebuilder

  • Member
  • Posts: 567
Reply 2 on: Jun 29, 2018
Wow, this really help

dyrone

  • Member
  • Posts: 322
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Acromegaly in one individual from a pair of identical twins. Acromegaly in one individual from a pair of identical twins.
The Shrinking and the Fastest-Growing Cities The Shrinking and the Fastest-Growing Cities
Major inner membrane transport systems for respiratory substrates and products Major inner membrane transport systems for respiratory substrates and products
Reconstruction Drawing of Trajan's Market Reconstruction Drawing of Trajan's Market
Products like Beano contain enzymes that help reduce the production of gas in the large intestine Products like Beano contain enzymes that help reduce the production of gas in the large intestine
Farmers’ markets provide fresh, local produce to consumers Farmers’ markets provide fresh, local produce to consumers
Video: Arthroscopy

For a complete list of videos, visit our video library