A market situation in which a large number of firms produce similar but not identical products is

Public franchises create monopolies by restricting

A) demand. B) prices. C) entry. D) profit.

In economies with effective accounting standards and low-cost, reliable information, ________

A) banks become less dominant among intermediaries B) the tyranny of collateral is particularly intense C) funds are available only for activities involving little or no risk D) restrictive covenants are difficult to enforce