Monopoly is a market structure with
a. no entry of new firms
b. difficult entry of new firms
c. easy entry of new firms
d. only a few close substitute goods in the industry
e. mutual interdependence among firms
A
Economics
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A) assume everyone faces the same relative prices. B) assume everyone has the same preference set. C) assume everyone has the same budget constraint. D) All of the above.
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Unemployment insurance programs provide benefits to permanently unemployed people
a. True b. False Indicate whether the statement is true or false
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