A monopoly market is characterized by

a. many buyers and sellers.
b. "natural" products.
c. barriers to entry.
d. a Nash equilibrium.

c

Economics

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The text points out that since the 1970s, which of the following regions of the United States became a "population magnet?"

a. Midwest b. Northeast c. South d. West e. North

Economics

Which is the best example of price discrimination?

A. An airline company charging lower fares per pound for air freight than for passengers B. A telephone company charging lower rates to weekend users than weekday users C. A supermarket charging lower prices in its city stores than its out-of-the-way rural store D. A private doctor charging higher fees to patients receiving special services than patients receiving regular services

Economics