An oligopoly is a market structure in which:

a. one firm has 100 percent of a market.
b. there are many small firms.
c. there are many firms with no control over price.
d. there are few firms selling either a homogeneous or differentiated product.

d

Economics

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Offshoring by domestic firms causes job losses rather than job expansion in the home market

Indicate whether the statement is true or false

Economics

Which of the following groups tends to have the highest unemployment rate in the United States?

a. African American teenagers b. Workers, age 25 or older, who are college graduates c. White women d. Workers, 25 years of age or older, who are high school dropouts e. White teenagers

Economics