A market with few sellers, some influence over price, high barriers to entry, a differentiated product, and non-price competition is known as
A) perfect competition.
B) monopolistic competition.
C) oligopoly.
D) monopoly.
C
Economics
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In the long run, an increase in FDI in the manufacturing sector will:
a. increase marginal product of labor in the agriculture sector. b. increase marginal product of labor in the manufacturing sector. c. decrease marginal product of labor in the agriculture sector. d. not change the marginal product of labor in either sector
Economics
Which of the following is a nationwide Federal health care program available to Social Security beneficiaries and persons with disabilities?
A. Medicaid B. Medicare C. PPOs D. HMOs
Economics