When a firm makes the decision to borrow money, it is a clear ...

[vicky]

When a firm makes the decision to borrow money, it is a clear sign that the firm is in financial trouble.
 
 Indicate whether the statement is true or false

Question 2

When General Mills and a few other firms dominate the American cereal market, this is an example of
 A) pure competition.
  B) monopolistic competition.
  C) oligopoly.
  D) natural monopoly.
  E) monopoly.

[allisonblackmore]

Answer to Question 1

False

Answer to Question 2

C

[vicky]

Excellent

[xiazhe]

Thanks for the timely response, appreciate it