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Author Question: The lowest interest rate charged by a bank for a short-term loan is called the discount rate. ... (Read 423 times)

audragclark

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on: Jul 14, 2018
The lowest interest rate charged by a bank for a short-term loan is called the discount rate.
 
 Indicate whether the statement is true or false

Question 2

Bowflex, Inc, which manufactures total strength training systems for home use, obtained a patent on its power rods. Bowflex has a(n) ____ for this product.
 A) monopoly
  B) oligopoly
  C) natural monopoly
  D) limited monopoly
  E) illegal monopoly


jazzlynnnnn

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Reply #1 on: Jul 14, 2018
Answer to Question 1

False

Answer to Question 2

D


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