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Author Question: Comparative advantage and relative opportunity costs are the same thing. Indicate whether the ... (Read 59 times)

cool

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Comparative advantage and relative opportunity costs are the same thing.
  Indicate whether the statement is true or false

Question 2

An industry characterized by only a few firms in the market is called:
 a. a monopoly.
 b. monopolistic competition.
  c. an oligopoly.
 d. perfect competition.



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spencer.martell

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Answer to Question 1

True

Answer to Question 2

c




cool

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


peter

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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