If Two Firms Comprise the Entire Soft Drink Market, the Market

question 463

Multiple Choice

If two firms comprise the entire soft drink market, the market would be a(n)

• A)Nash equilibrium.
• B)monopolistically competitive market.
• C)oligopolistically competitive market.
• D)duopoly.

---

Definitions:

Bony Surfaces

The outermost layer of bones, usually covered by skin or mucous membranes, and important for the attachment of muscles, tendons, and ligaments.

Double-wide

A type of mobile home that comprises two units joined together to create a larger living space.

Accessibility

The ease of reaching or obtaining something, or the feature of being accessible.

Air-filled Cushions

Cushions or pads that use air to provide support and comfort, often adjustable for different levels of firmness.