Which Market Structure Is Most Likely to Have the Means

question 111

Multiple Choice

Which market structure is most likely to have the means and some incentive to innovate?

• A)oligopoly
• B)pure monopoly
• C)pure competition
• D)monopolistic competition

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Definitions:

Cosine

In trigonometry, it is the ratio of the adjacent side of the angle and the hypotenuse.

Adjacent

Next to or beside.

Hypotenuse

The largest side of a right-angled triangle, positioned opposite to the right angle.

Sine

The angular relationship of the opposite side of a right triangle and the hypotenuse.