Which Type of Competition Is Characterized by a Small Number

question 65

Multiple Choice

Which type of competition is characterized by a small number of firms, homogeneous products and costly entry and exit?

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

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Definitions:

Heroines

Female protagonists or leading characters in stories, known for their courageous acts and noble qualities, often facing significant challenges.

Latina Lesbian

A woman of Latin American origin or descent who identifies as a lesbian.

Lesbianism

The romantic or sexual attraction between women.

Culture

The collective beliefs, customs, arts, and social institutions of a particular group of people or society.