A Duopoly Is an Industry That Consists Of

question 157

Multiple Choice

A duopoly is an industry that consists of:

• A)a single firm.
• B)two firms.
• C)three or more firms.
• D)a large number of small firms.

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Definitions:

Public Sphere

A domain of social life where individuals can come together to freely discuss and identify societal problems, and through that discussion influence political action.

Ideology

A system of ideas and ideals, especially one that forms the basis of economic or political theory and policy.

Gender Stratification

The hierarchical distribution of social and economic resources according to gender.

Institutional Sexism

Discrimination based on gender that is entrenched in the policies, laws, and practices of organizations and institutions, leading to inequality.