Words That Are Borrowed from a Foreign Language

question 16

Multiple Choice

Words that are borrowed from a foreign language

• A) are placed in italics.
• B) are indicated by single quotation marks.
• C) are indicated by double quotation marks.
• D) are set off by commas.

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Definitions:

Oligopolistic Industries

Markets dominated by a small number of large firms, leading to a high level of market concentration.

Bidding Down

The process where the price of an item, service, or contract decreases due to competitive bidding, for example, in auctions or procurement processes.

Particular Product

A specific item or good that is produced and available for sale or distribution.

Monopolistically Competitive

A market structure where many firms sell products that are similar but not identical, allowing for some degree of market power.