« previous next »

Author Question: A market in which there is only one seller, and there is no close substitute for the product being ... (Read 65 times)

ashley

  • Hero Member
  • *****
  • Posts: 584
on: Jun 29, 2018
A market in which there is only one seller, and there is no close substitute for the product being sold, is called
 
  A) perfect competition.
  B) monopolistic competition.
  C) monopoly.
  D) oligopoly.

Question 2

The Colorado Ski Shop sold 60 ski jackets to a Belgian company's headquarters located in Paris, France. The ski jackets are a
 
  A) U.S. export good.
  B) capital good.
  C) government good.
  D) U.S. consumption service.
  E) U.S. import.


asdfghjkl;

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Rivers Are a Product of Their Watersheds Rivers Are a Product of Their Watersheds
In Chuck Close's portrait, the face is quite recognizable when viewed from a distance. Close ... In Chuck Close's portrait, the face is quite recognizable when viewed from a distance. Close ...
Patent medicines contained a name brand that clearly identified the product and claimed to cure just ... Patent medicines contained a name brand that clearly identified the product and claimed to cure just ...
Hydroelectric power: 2013 Global Market Hydroelectric power: 2013 Global Market
Importance of Considering Gestalt Principles in Product Design (1 of 2) Importance of Considering Gestalt Principles in Product Design (1 of 2)
Importance of Considering Gestalt Principles in Product Design Importance of Considering Gestalt Principles in Product Design
Video: Contraction cycle of a sarcomere

For a complete list of videos, visit our video library