______ have single firm in the industry.
A: Perfect competition
B: Monopoly
C: Oligopoly
D: Monopolistic competition
A: Perfect competition
B: Monopoly
C: Oligopoly
D: Monopolistic competition
举一反三
- Which is the market structure in which many manufacturers produce and sell products that are different yet substitutable? A: Perfect competition B: Perfect monopoly C: Monopolistic competition D: Oligopoly
- [单选]Under which of the following market structures would consumers likely pay the highest price for a product? A: perfect competition B: monopolistic competition C: oligopoly D: monopoly
- 概念题:垄断、寡头、垄断竞争( monopoly, oligopoly, monopolistic competition)
- In both perfect competition and monopolistic competition, each firm A: sells identical products. B: faces a downward-sloping demand curve its product. C: has no monopoly power. D: can enter or exit the market freely.
- Select the statement that distinguishes monopolistic competition from perfect competition. A: No barriers to entry/exist in monopolistic competition. B: A firm in monopolistic competition can set its own price and output. C: A firm in monopolistic competition makes zero economic profit in the long run. D: Close substitutes are available in monopolistic competition.