Which of the following best describes the entire U. S. ...

[luminitza]

Which of the following best describes the entire U. S. refreshment beverage market?
 
  A) monopoly
  B) oligopoly
  C) monopolistic competition
  D) perfect competition

Question 2

In a company, if high-ability workers get paid 80,000, while low-ability workers get paid 50,000, the education (MBA) that can qualify the workers as high-ability ones cost 20,000.
 
  What's the highest share of high-ability workers to get a separating equilibrium? A) 1/4
  B) 1/3
  C) 1/2
  D) 1

[rleezy04]

Answer to Question 1

C

Answer to Question 2

B

[luminitza]

Wow, this really help

[amcvicar]

Thanks for the timely response, appreciate it