Market structure depends upon
A) the ease of entry and exit.
B) the ability of firms to differentiate their goods and services.
C) the number of firms in the market.
D) All of the above.
D
You might also like to view...
Jeremy is thinking of starting up a small business selling NASCAR memorabilia. He is considering setting up his business as a corporation. What is one advantage to Jeremy of setting up his business as a corporation?
A) By setting up the business as a corporation, Jeremy would not face double taxation. B) By setting up the business as a corporation, Jeremy would have the ability to share risk with shareholders. C) By setting up the business as a corporation, Jeremy would have both ownership and control over the business. D) All of the above would be advantages of setting up his business as a corporation.
All dose-response functions are
a. linear relationships d. horizontal relationships b. nonlinear relationships e. none of the above c. vertical relationship