Abused substances such as cocaine and alcohol:
a. are all illegal
b. may be illegal or legal
c. may be legal but can be illegally obtained d. are all legal
e. both b and c are correct
e
Business
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Bigbux is a major producer of whatsits, but it faces competition in the whatsit market from three other major producers. Together, Bigbux and its three large rivals control almost the entire supply of whatsits. The type of market Bigbux is in is called:
A. oligopoly. B. duopoly. C. monopolistic competition. D. quasi-monopoly.
Business
Lock Inc. has collected the following data concerning one of its products:
Unit sales price $145 Total sales 15,000 units Unit cost $115 Total investment $1,800,000 The markup percentage is: a) 22.59%. b) 25%. c) 26.09%. d) 20.69%.
Business