If There Are Two Gas Stations in a Very Small

question 160

Multiple Choice

If there are two gas stations in a very small town, then the gas station business there is probably best characterized as:

• A) perfectly competitive.
• B) monopolistically competitive.
• C) monopolistic.
• D) oligopolistic.

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Definitions:

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An approach in psychology that suggests understanding human culture and psychology can be achieved by analyzing underlying structures in cultural and cognitive systems.

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