A prolonged and deep recession is a

Which of the following is LEAST likely to be a monopoly?

A) the holder of a public franchise B) a pharmaceutical company with a patent on a drug C) a store in a large shopping mall D) an artist who owns a copyright for a painting

In monopolistic competition, each firm's marginal revenue curve has a ________ and its demand curve has a ________

A) slope equal to zero; slope equal to zero B) slope equal to zero; negative slope C) negative slope; a slope equal to zero D) negative slope; negative slope