Which of the Following Market Structures Will Have Lower Output

question 38

Multiple Choice

Which of the following market structures will have lower output in the long run than perfect competition,ceteris paribus?

• A)Monopolistic competition,but not oligopoly or monopoly.
• B)Monopolistic competition,oligopoly,and monopoly.
• C)Monopolistic competition and oligopoly,but not monopoly.
• D)Oligopoly and monopoly,but not monopolistic competition.

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Web 2.0

The second generation of the Internet, characterized by greater user interactivity, collaboration, and sharing among users.

Interactive Social System

A framework wherein individuals engage and communicate within a community through reciprocal action and influence.

Web 3.0

An advanced stage of the internet characterized by semantic web technologies, artificial intelligence, and blockchain, promising a more user-centric online experience.

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Modes of transportation that move people or goods from one place to another, including cars, buses, bicycles, etc.