Market structure is defined as the:

a. number of firms in each industry.
b. similarity of the product sold.
c. ease of entry into and exit from the market.
d. all of these.

d

Economics

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What are the functions of money?

What will be an ideal response?

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The supply of cheese comes from milk. The price of cheese will decrease if

A. the supply of cheese decreases. B. the price of milk increases. C. the supply of milk decreases. D. the demand for cheese decreases.

Economics