Use the Information Below to Answer the Following Question

question 12

Multiple Choice

Use the information below to answer the following question.
Fact 15.1.2 Sparks Fly for Energizer
Energizer is gaining market share against competitor Duracell and its profit is rising despite the sharp rise in the price of zinc, a key battery ingredient.
Source: www. businessweek.com, August 2007
-Refer to Fact 15.1.2. The market for batteries is

• A)an oligopoly with a small number of interdependent firms.
• B)a monopolistic competition with many firms that have no incentive to collude.
• C)perfectly competitive with no barriers to entry.
• D)a monopoly.
• E)an oligopoly with no barriers to entry.

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Definitions:

Social Relationships

Connections or associations between two or more individuals, characterized by a level of emotional, social, or professional interaction.

Postconventional Moral Reasoning

A level of moral reasoning that recognizes the complexity of ethical decision-making and values principles above conformity to societal norms.

Individual Rights

Fundamental entitlements and freedoms guaranteed to every person, typically upheld by law.

Social Relationships

Connections between individuals that can provide support, friendship, love, and social networking, impacting well-being and social identity.