Which statement is true?
A. Oligopoly does not exist in the U.S.
B. Most business firms in the U.S. are oligopolies.
C. Most large firms in the U.S. are oligopolies.
D. Oligopoly is virtually all cutthroat in the U.S.
C. Most large firms in the U.S. are oligopolies.
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Other things equal, the level of bilateral trade between two countries will increase as their GDP:
a. rises. b. falls. c. stays the same. d. becomes less equal.
In the market for professional basketball,
a. pro basketball teams are the suppliers and pro basketball players are the demanders b. pro basketball players are the suppliers and basketball fans are the demanders c. pro basketball players are the suppliers and pro basketball teams are the demanders d. pro basketball teams are the suppliers and basketball fans are the demanders e. basketball fans are the suppliers and pro basketball teams are the demanders