This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Pure monopoly: a. is characterized by a single supplier. b. is a market structure in which no close ... (Read 27 times)

yoooooman

  • Hero Member
  • *****
  • Posts: 557
on: Jun 30, 2018
Pure monopoly:
 a. is characterized by a single supplier.
 b. is a market structure in which no close substitute products are available.
 c. exists when entry and survival of potential competitors is extremely unlikely.
  d. is characterized by all of the above.

Question 2

A country with a strong bargaining power is likely to direct the terms of trade in its favor.
 a. True
  b. False
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

rachel

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

True


yoooooman

  • Member
  • Posts: 557
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

rleezy04

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

The structure of the rib cage. The structure of the rib cage.
Neuron (nerve cell) structure. Neuron (nerve cell) structure.
Traits With Single-Gene Dominant–Recessive Inheritance Traits With Single-Gene Dominant–Recessive Inheritance
A close relationship between greenhouse gas emissions and a country’s gross domestic product A close relationship between greenhouse gas emissions and a country’s gross domestic product
Internal structure of the nose—lateral view Internal structure of the nose—lateral view
Summary of Single Variable Discrete Models Summary of Single Variable Discrete Models
Video: Protein catabolism (Krebs cycle) and Protein anabolism (protein synthesis)

For a complete list of videos, visit our video library