Which of the Following Kinds of Market Structure Are Not

question 62

Multiple Choice

Which of the following kinds of market structure are not associated with market power?

• A)oligopoly.
• B)perfect competition.
• C)monopolistic competition.
• D)perfect competition and monopolistic competition.

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Definitions:

Overload Relay Coil

A coil used in an overload relay to provide protection by breaking the circuit in case of excessive current flow.

Level Switch

A device used to detect the level of liquid or solid materials within a container or environment, triggering an action when a certain level is reached.

Temperature Switch

A device that activates or deactivates based on a specific temperature threshold being reached.

Proximity Sensor

A device that detects the presence or absence of a nearby object without physical contact, often using electromagnetic fields, light, or sound.