If two firms comprise the entire soft drink market, the market would be a(n)

a. Nash equilibrium.
b. monopolistically competitive market.
c. oligopolistically competitive market.
d. duopoly.

d

Economics

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Which of the following has the highest present value?

A) $1,000 received in 3 years if the current interest rate is 4% B) $1,500 received in 5 years if the current interest rate is 6% C) $2,000 received in 6 years if the current interest rate is 11% D) $3,000 received in 10 years if the current interest rate is 12%

Economics

Government policies designed to increase the skills of the work force shift the labor demand curve to the right, increasing employment and total output

a. True b. False

Economics