Perfectly Competitive Industries Are

question 13

Multiple Choice

Perfectly competitive industries are

• A)difficult to enter because there are already so many producers in the industry.
• B)not particularly appealing or attractive to enter because there tend to be so many buyers that it is difficult to deal with them.
• C)relatively easy to enter but not so easy to exit from.
• D)a and b
• E)none of the above

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Definitions:

Tholos

A tholos is a type of ancient Greek and Roman building characterized by a circular shape, often with a conical or dome-shaped roof.

Etruscan Tombs

Burial sites from the ancient Etruscan civilization, notable for their elaborate designs, wall paintings, and the wealth of artifacts that provide insight into Etruscan life and culture.

Macedonian Tombs

Ancient burial structures from the Macedonian kingdom, showcasing sophisticated architecture and rich decorations reflective of the period's funerary practices.

Cist Graves

Ancient burial sites consisting of small stone-built coffins (cists) laid flat and covered with earth or mounds of stones.