With reference to pricing in different types of markets, compare oligopolistic competition with a pure monopoly
What will be an ideal response?
Under oligopolistic competition, the market consists of only a few large sellers. As there are few sellers, each seller is alert and responsive to competitors' pricing strategies and marketing moves. In a pure monopoly, the market is dominated by one seller. The seller may be a government monopoly, a private regulated monopoly, or a private unregulated monopoly. Pricing is handled differently in each case.
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________ of workers feel confident they will have enough money to live comfortably in retirement, only ________ have actually tried to calculate how much they will need when in retirement
A) 50 percent; 33 percent B) 70 percent; 43 percent C) 85 percent; 53 percent D) 90 percent; 73 percent
An individual's performance of difficult, complex, or novel tasks is not affected by the presence of other group members
Indicate whether the statement is true or false