Author Question: Which of the following best describes the entire U. S. refreshment beverage market? A) monopoly ... (Read 13 times)

luminitza · **on:** Jul 1, 2018

Which of the following best describes the entire U. S. refreshment beverage market?

A) monopoly
B) oligopoly
C) monopolistic competition
D) perfect competition

Question 2

In a company, if high-ability workers get paid 80,000, while low-ability workers get paid 50,000, the education (MBA) that can qualify the workers as high-ability ones cost 20,000.

What's the highest share of high-ability workers to get a separating equilibrium? A) 1/4
B) 1/3
C) 1/2
D) 1