Given That There Are Approximately 12 Companies Currently Selling Cars

question 60

Multiple Choice

Given that there are approximately 12 companies currently selling cars in Canada,what is the car market classified as

• A)perfectly competitive
• B)monopolistically competitive
• C)oligopolistic
• D)monopoly

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Definitions:

Tend-and-Befriend Response

A behavior in response to stress involving seeking social affiliation and nurturing activities, more commonly observed in females.

Stressor

A situation, event, or stimulus that causes stress, potentially triggering a physical or psychological response.

Organism

an individual living entity that can grow, reproduce, respond to stimuli, and maintain homeostasis.

Coping Response

Techniques or strategies used by individuals to deal with stressful situations and manage emotional distress.