The Number of Firms That Control the Supply of a Product

question 146

True/False

The number of firms that control the supply of a product may affect the strength of competition.

---

Definitions:

Junior Year Abroad

An academic program in which students spend their junior year of college or university studying in a foreign country.

Distress

Extreme anxiety, sorrow, or pain; a negative stress response that can be harmful.

Japanese Student

A student who is either from Japan or of Japanese descent, engaged in academic study.

Ventromedial Hypothalamus

A region of the hypothalamus involved in regulating hunger and satiety, playing a significant role in controlling appetite and body weight.