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:

Interventions

Actions taken to improve a situation or condition, especially in the context of health, education, or social policy initiatives.

Meal Replacements

Products, often in the form of shakes, bars, or powders, designed to substitute for one or more regular meals to control calories and nutrient intake.

MyPlate

A visual tool created by the USDA to guide consumers in making healthier food choices, representing the recommended proportions of food groups on a plate.

DASH Food Plan

Dietary Approaches to Stop Hypertension, a diet rich in fruits, vegetables, low-fat dairy, and reduced in fats and cholesterol.