Which of the Following Markets Is Most Likely to Be

question 75

Multiple Choice

Which of the following markets is most likely to be an oligopoly?

• A)the distribution of electricity across the power grid
• B)air travel between two cities on Australia's east coast
• C)lunchtime take-away coffee service in Melbourne's CBD
• D)pizza restaurants in Sydney's CBD, where each restaurant has its own signature pizza

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Definitions:

Neuroticism

A personality trait characterized by long-term tendencies to experience negative emotions such as anxiety, anger, or depression.

Extraversion

A personality trait characterized by outgoingness, high energy, and a preference for social interaction and external stimulation.

Psychodynamic Theories

Psychodynamic theories are a group of theories in psychology that emphasize the influence of the unconscious mind on behavior and the importance of childhood experiences.

Freud

Sigmund Freud, an Austrian neurologist who founded psychoanalysis, a clinical method for treating psychopathology through dialogue between a patient and a psychoanalyst.