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Author Question: A shared monopoly occurs when four or fewer firms supply 50 or more of a particular market, ... (Read 41 times)

jenna1

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on: Jul 2, 2018
A shared monopoly occurs when four or fewer firms supply 50 or more of a particular market, performing much as a monopoly or cartel would. Another term for this is
 
  a. oligochaete.
  b. oligoclase.
  c. oligarchy.
  d. oligopoly.

Question 2

Today, 1 of all corporations produce _____ of the private-sector output.
 
  a. almost 10
  b. nearly 50
  c. more than 80
  d. 99


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Loise Hard

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Reply #1 on: Jul 2, 2018
Answer to Question 1

Answer: d. oligopoly.

Answer to Question 2

Answer: c. more than 80


jenna1

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Reply 2 on: Jul 2, 2018
Great answer, keep it coming :)

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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