Author Question: Which of the following is a characteristic of a monopoly? a. a large number of sellers b. ... (Read 58 times)

abc

  • Hero Member
  • *****
  • Posts: 543
Which of the following is a characteristic of a monopoly?
 a. a large number of sellers
  b. homogeneous products
 c. large barriers to entry
 d. price taking firms

Question 2

Dutch Disease is associated with a dramatic decline in the demand for a primary commodity produced by a country.
 a. True
  b. False
  Indicate whether the statement is true or false



raenoj

  • Sr. Member
  • ****
  • Posts: 340
Answer to Question 1

c

Answer to Question 2

False



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

For a complete list of videos, visit our video library