A Characteristic Common in Both Oligopoly and Monopolistic Competition Is

question 174

Multiple Choice

A characteristic common in both oligopoly and monopolistic competition is

• A) a small number of firms compete in the market.
• B) natural or legal barriers prevent the entry of new firms into the market.
• C) each firm faces a downward-sloping demand curve.
• D) the firms in the market are interdependent.
• E) each firm has a large share of the market.

Recognize the impact of physiological states on behavior.

Identify factors that influence the direction, persistence, and strength of motivation.

Explain the role of expectancy and value in goal-directed behavior.

Understand the physiological basis of the fight-or-flight response.

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Definitions:

Active Listening

A communication technique that involves giving full attention to the speaker, understanding their message, and responding thoughtfully.

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