Of the following market structures, which is the least competitive?

A) perfect competition
B) monopolistic competition
C) monopoly
D) oligopoly

C

Economics

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The natural rate of unemployment

A. increases during recessions. B. equals the sum of frictional and cyclical unemployment. C. equals the sum of frictional and structural unemployment. D. is always less than full employment rate of unemployment.

Economics

Would the Federal Reserve respond more aggressively with interest rate cuts in a recession caused by a decrease in spending, as in the 2001 recession, than in a recession caused by an increase in oil prices, as in the 1974-75 recession?

What will be an ideal response?

Economics