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Author Question: An oligopoly is a market: a. dominated by a few buyers. b. dominated by one buyer. c. dominated by ... (Read 168 times)

karateprodigy

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An oligopoly is a market:
 a. dominated by a few buyers.
  b. dominated by one buyer.
 c. dominated by a few sellers.
  d. with many sellers.

Question 2

Which of the following is true of opportunism?
 a. Opportunism increases the possibility that a party can gain by disregarding the contract.
  b. Opportunism lowers the cost of negotiation between parties when the contract is incomplete or unclear.
  c. Opportunism allows parties to maximize the value of their transactions.
  d. Opportunism leads to mutually beneficial outcomes.



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nicoleclaire22

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Answer to Question 1

c

Answer to Question 2

A





 

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