A market with one or a small number of firms but no barriers to entry is known as
A) a natural monopoly.
B) a contestable market.
C) a perfectly competitive market.
D) monopolistic competition.
B
Economics
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When a landscaping company decides to use drafting software and computers instead of hiring designers to draw design plans by hand, it is answering the ________ question
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With downward-sloping monetary policy and IS curves,the aggregate demand curve is
A) downward sloping. B) flat. C) vertical. D) upward sloping.
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