Of the Following,which Is the Best Example of a Monopolistically

question 105

Multiple Choice

Of the following,which is the best example of a monopolistically competitive firm?

• A)Burger King
• B)a local hair salon
• C)Apple
• D)a PEI potato farmer
• E)Air Canada

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Definitions:

Negligent Misrepresentation

The act of unintentionally providing false information that others rely upon, leading to financial loss or damage.

Elements Of Fraud

Elements of Fraud include the intentional misrepresentation or concealment of an important fact upon which the victim is meant to rely, and does rely, resulting in harm to the victim.

Material

Refers to the physical substances or components that are used to make or build something.

Trustee

An individual or organization that holds and administers property or assets for the benefit of a third party.