The brewing industry is dominated by a small number of very large producers who sell a differentiated product. The market structure that best fits the brewing industry is probably

Explain the big tradeoff. What idea of fairness has been developed to deal with it?

What will be an ideal response?

A risk-free rate can be measured by

A) the rate of inflation. B) the rate on corporate bonds. C) the Federal Reserve's discount rate. D) a rate of a Treasury security.