One characteristic of an oligopoly market structure is:
a. the actions of one seller have no impact on the profitability of other sellers.
b. firms in the industry are typically characterized by very diverse product lines.
c. products typically sell at a price that reflects their marginal cost of production.
d. firms in the industry have some degree of market power.

Explain how the ideas of karl marx came to influence american workers in the late 1800s

An artist entered into a written agreement to sell a patron a partially finished painting once it was complete. the patron later learned that the artist planned to sell the painting to a third party who offered to pay the artist more than the contract price. the patron filed suit to compel the artist to sell the painting to her in accord with the terms of their agreement, while the artist denied that the painting the artist planned to sell to the third party was the subject of the agreement with the patron. at trial, the patron did not introduce the written agreement or explain its absence. rather, the patron sought to testify that, when she signed the agreement, the artist had pointed to the painting in question and stated that it was the patron’s painting. the artist’s attorney objected to the testimony that the artist identified the painting as belonging to the patron. how should the court rule? asustain the objection, because the artist’s statement was hearsay. bsustain the objection, because the patron failed to produce the written agreement or explain its absence. coverrule the objection, because the statement is not hearsay. doverrule the objection, because the statement was relevant.

Jonathan purchases a comic book over the phone. the store does not promise a particular time in which the comic book will be shipped to jonathan. after 40 days, the comic book has not been shipped. do state or federal laws protect jonathan's rights in this case? what is the name of the law? select the best answer from the choices provided. a. federal law; the implied warranty of merchantability b. state law; the implied warranty of merchantability c. federal law; the mail and telephone order rule d. state law; the mail and telephone order rule