Which of the Following Is Not a Characteristic of Market

question 144

Multiple Choice

Which of the following is not a characteristic of market structure?

• A)The number of sellers in the industry.
• B)The ease with which firms may enter or exit the industry.
• C)The existence of differences among sellers' products.
• D)The presence or absence of government taxation in the market.

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Definitions:

Hostile

Showing or feeling opposition or dislike; unfriendly.

Positive Intergroup Contact

Interactions between members of different groups that are characterized by cooperation, equality, and respect, leading to reduced intergroup prejudice and conflict.

Prejudice

Preconceived judgment or opinion, often based on irrational feelings, mistrust, or stereotypes, directed towards a person, group, or race.

Discontinuity Effect

A phenomenon in group behavior where individuals in groups are more likely to engage in aggressive or competitive behavior than individuals acting alone.