History, 16.10.2020 16:01 spotty1023
Only two large corporations sell cars in a country. Though they sometimes
compete for customers, the corporations have agreed never to lower their
prices below a certain level. They also operate in different parts of the
country so that few consumers have a real choice between the companies.
As a result, the companies have little direct competition.
This situation best illustrates which market condition?
A. Pure competition
B. Monopoly
C. Monopolistic competition
D. Oligopoly
Answers: 2
History, 21.06.2019 17:30
Explain urbanization and industrialization enabled the dramatic change in american culture?
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What religion influenced the first persian empire as established by cuyrus the great?
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History, 22.06.2019 02:30
Which is guaranteed by the fifth amendment? o a person will have a speedy trial. or a person can refuse to testify against himself or herself. a person can not be forced to testify against his or her spouse. a person has the right to a trial by jury
Answers: 1
Only two large corporations sell cars in a country. Though they sometimes
compete for customers, th...
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