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Author Question: Which of the following industries most closely approximates the conditions of the oligopoly model? ... (Read 28 times)

pepyto

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Which of the following industries most closely approximates the conditions of the oligopoly model?
 a. legal services
 b. retail clothing
 c. milk
 d. breakfast cereals

Question 2

Which of the following is an example of a principal/agent relationship?
 a. Banks lending money to start-up companies.
  b. An investment banker investing the client's money into different securities.
  c. Advance booking for a car after watching its promos at a car show.
  d. Investing your money in fixed-return deposits and government securities.



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firehawk60

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Answer to Question 1

d

Answer to Question 2

B





 

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