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Author Question: An industry with only two competing firms is called a ________. A) duopoly B) perfect ... (Read 150 times)

Mimi

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on: Jun 29, 2018
An industry with only two competing firms is called a ________.
 
  A) duopoly
  B) perfect competition
  C) monopoly
  D) monopolistic competition

Question 2

Why, in the U.S., do professional soccer players command a far lower salary than professional baseball players?
 
  A) Soccer is in much less demand.
  B) Soccer costs less to manage and perform compared to baseball.
  C) Soccer has yet to mature.
  D) The baseball players prefer lobbied to keep soccer salaries low.


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todom5090

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


Mimi

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Reply #2 on: Jun 29, 2018
Correct answers!


todom5090

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Reply #3 on: Jun 29, 2018
Great! Please up vote :D


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