A market with only two firms is called a
A) duopoly.
B) two-firm monopolistic competition.
C) two-firm monopoly.
D) cartel.
E) two-firm quasi monopoly.
A
Economics
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Refer to the above figure. Which panel represents what happens in the U.S. job market in the short-run when U.S. firms substitute labor outside of the U.S. for labor inside the U.S.?
A) Panel A B) Panel B C) Panel C D) Panel D
Economics
If there were no usury law, the interest rate would be _____%.
A. 12
B. 14
C. 16
D. 18
Economics