A Market Comprised of Only Two Firms Is Called a

question 35

Multiple Choice

A market comprised of only two firms is called a

• A)competitive market.
• B)duopoly.
• C)monopoly.
• D)monopolistically competitive market.

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Definitions:

Greek Orthodox

A Christian denomination that follows the beliefs and practices of the Eastern Orthodox Church, characterized by its liturgy, traditions, and governance by the Ecumenical Patriarchate of Constantinople.

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