Which of the following market types has only a few competing firms?
A) perfect competition
B) monopolistic competition
C) oligopoly
D) monopoly
E) perfect competition and monopolistic competition
C
Economics
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In the specific factors model, the effects of trade on welfare overall are ________ and for fixed factors used to produce the exported good they are ________
A) positive; positive B) negative; positive C) positive; negative D) ambiguous; positive E) positive; ambiguous
Economics
If the dollar appreciates from 1.5 Brazilian reals per dollar to 2.0 reals per dollar, the real depreciates from ________ per real to ________ per real
A) $0.67; $0.50 B) $0.33; $0.50 C) $0.75; $0.50 D) $0.50; $0.67 E) $0.50; $0.75
Economics