Mike Is About to Start Up a Business in a Monopolistically

question 5

Multiple Choice

Mike is about to start up a business in a monopolistically competitive market. He can expect to find entry into the market to be ____, the number of competitors to be ____, and the product he sells to be ____.

• A) easy; very large; nondifferentiated
• B) difficult; very large; differentiated
• C) easy; relatively few; nondifferentiated
• D) impossible; relatively few; differentiated
• E) easy; large; differentiated

Understand Erikson's theory of psychosocial development, specifically identity vs. role confusion.

Recognize the influence of peers and parents on adolescent behavior and identity.

Understand factors influencing adolescent self-esteem and self-identity.

Identify societal and cultural differences in the onset and experiences of adolescence.