Which of the Following Industries Is Best Characterized as Monopolistically

question 46

Multiple Choice

Which of the following industries is best characterized as monopolistically competitive?

• A)cereal.
• B)crude oil.
• C)wheat.
• D)local electricity service.

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Definitions:

Remote Sensing

The technique of obtaining information about objects or areas from a distance, typically from aircraft or satellites, used in mapping and observing environmental changes.

Landsat

A series of satellite missions jointly managed by NASA and the USGS that provide valuable data for earth observation and land monitoring.

Omnivore

An organism that eats both plant and animal matter for nutritional needs.

LIDAR

A remote sensing technology that measures distances by illuminating targets with laser light and analyzing the reflected light to create detailed maps.