A Market with Only Two Firms Is Called a

question 92

Multiple Choice

A market with only two firms is called a

• A) duopoly.
• B) two-firm monopolistic competition.
• C) two-firm monopoly.
• D) cartel.
• E) two-firm quasi monopoly.

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Definitions:

Date Of Drawing

The specific date when a drawing or blueprint was created or last revised.

Metric Drawing

A type of technical drawing in which dimensions and measurements are expressed in metric units, such as millimeters and meters.

Lettering

The act or process of marking or inscribing with letters, especially in a specific style or font in technical documentation.

Registration Marks

Marks used on materials or components to ensure correct alignment during assembly or in the printing process.