It Is Easiest for New Firms to Enter a

question 122

Multiple Choice

It is easiest for new firms to enter a

• A)Perfectly competitive market.
• B)Duopoly market.
• C)Oligopoly market.

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Definitions:

Amylase

An enzyme that helps in breaking down carbohydrates into simpler sugars, mainly found in saliva and pancreatic fluid.

Maltase

Enzyme produced in the small intestine that breaks down maltose to two glucose molecules.

Pepsin

An enzyme produced in the stomach that initiates the digestion of proteins by breaking them down into smaller peptides.

Saturated Fats

Fats that contain no double bonds between carbon atoms, typically solid at room temperature and found in animal fats and some vegetable oils.