Which of the following is NOT a characteristic of pure monopoly?
A) many sellers
B) considerable price setting ability
C) restricted ability to enter market
D) long-run economic profits are possible
Answer: A
Economics
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As distinct from reductions in the price level, reductions in the rate of inflation are referred to as:
A. dollar depreciation. B. stagflation. C. deflation. D. disinflation.
Economics
Greenhouse gases arise from
A. the combustion of carbon-based fossil fuels. B. the chemicals that are used in agriculture. C. rising global temperatures. D. the use of toxic household cleansers.
Economics