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In the Middle of the Desert in Arizona, There Are

question 186

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In the middle of the desert in Arizona, there are five service stations competing for all the business that exists in this isolated location.When one service station lowers its price on gas, all must follow suit.These service stations are operating in a(n) _____ market structure.


Definitions:

Booker T. Washington

An influential African American educator, author, and orator in the late 19th and early 20th centuries, known for his advocacy of the "Atlanta Compromise."

Vocational Education

A program of study that prepares individuals for specific trades, crafts, and careers at various levels from a trade, a craft, technicians, or a professional position in engineering, accountancy, nursing, medicine, and other healing arts, architecture, pharmacy, law etc.

Tuskegee Institute

A historically black college in Alabama established by Booker T. Washington to provide African Americans with educational and vocational training.

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