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Author Question: The U.S. oil industry has only a few firms in it, so an economists is likely to describe the industry as (Read 48 times)

c0205847

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on: May 24, 2019
The U.S. oil industry has only a few firms in it, so an economists is likely to describe the industry as
◦ a monopoly.
◦ an oligopoly.
◦ perfectly competitive.
◦ monopolistically competitive.
◦ Both answers perfectly competitive and monopolistically competitive can be correct.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by c0205847 on May 24, 2019

gasdhashg

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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c0205847

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Reply #2 on: May 24, 2019
Thank you!


gasdhashg

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Reply #3 on: May 24, 2019
Always glad to help...


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