Boeing Corporation and Airbus Industries Are the Only Two Producers

question 21

Multiple Choice

Boeing Corporation and Airbus Industries are the only two producers of long-range commercial aircraft. This market is not perfectly competitive because:

• A) each company has annual sales over $10 billion.
• B) each company can significantly affect prices.
• C) Airbus receives subsidies from the European Union.
• D) Airbus cannot sell aircraft to the United States government.
• E) all of the above

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