Based on the Headline "Foxy Soviets Pelt the West: Sable

question 87

Multiple Choice

Based on the headline "Foxy Soviets Pelt the West: Sable Monopoly Traps Hard Currency, Coats Capitalists" you could predict that

• A) Output is more than it would be in a competitive market.
• B) Long-run economic profit is positive.
• C) The sable market is contestable.
• D) Sable producers are franchise monopolists.

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Definitions:

Endemic Species

Species that are native to a specific geographical area and found nowhere else in the world.

Pioneer Species

The first species to colonize barren environments or freshly disturbed lands, often initiating ecological succession.

Ecological Niche

The role and position a species has in its environment, including all its interactions with the biotic and abiotic factors.

Herbivory

The act of eating plants, typically referring to the feeding behavior of certain animals.