A Duopoly Is

question 57

Multiple Choice

A duopoly is

• A) an oligopoly with only two sellers.
• B) a monopolist that has two related products.
• C) an oligopoly with only two buyers.
• D) an oligopoly with only two products.
• E) a monopoly firm that has only two suppliers.

---

Definitions:

Job Enrichment

The process of making a job more engaging, interesting, and motivating for employees by adding varied responsibilities and opportunities for personal growth.

Job Characteristics Model

A theory that proposes that the nature of a job itself affects employee motivation, satisfaction, and performance, identifying five core job dimensions that can be enriched.

Core Job Characteristics

Fundamental attributes of a job that affect employee motivation and job satisfaction, such as skill variety, task identity, task significance, autonomy, and feedback.

Hackman

Richard Hackman was a prominent researcher in organizational behavior known for his work on team dynamics, leadership, and work design.