Which of the following market structures is most similar to perfect competition?

A) Monopsony.
B) Monopolistic competition.
C) Oligopoly.
D) Monopoly.

B

Economics

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Fashion trends are a nonprice determinant for demand because

A) they cause a movement along the demand curve. B) they influence people's tastes and preferences in clothing. C) they change the supply of accessories. D) they do not affect demand.

Economics

The rate of full employment is usually considered to be:

(a) 100%. (b) 98%. (c) 97%. (d) 96%.

Economics