A Product- Market That Consists of a Few Sellers Who

question 19

Multiple Choice

A product- market that consists of a few sellers who are highly sensitive to each other's pricing and marketing strategies is known as:

• A) monopolistic competition.
• B) pure competition.
• C) oligopolistic competition.
• D) free market.
• E) monopoly.

---

Definitions:

Occupational Safety

Practices and standards implemented to ensure the workplace is free from health and safety hazards.

Recognized Hazards

Hazards that have been identified and analyzed through processes such as safety audits or risk assessments, indicating potential harm to employees in the workplace.

Disparate Impact

A condition in which employment practices are seemingly neutral yet disproportionately exclude a protected group from employment opportunities.