___________ exists when a large number of firms produce goods that are similar but are perceived by buyers as being different.

A. Perfect competition
B. Monopolistic competition
C. Oligopoly
D. A monopoly

Ans: B. Monopolistic competition

Business

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The average net income of a project divided by the project's average book value is referred to as the project's:

A. required return. B. market rate of return. C. internal rate of return. D. average accounting return. E. discounted rate of return.

Business

Which of the following youth programs would not have to be Title IX compliant?

A. Public high school athletic department B. Private youth soccer club C. Municipal recreation programs, receiving federal funds D. State university intercollegiate athletic programs

Business