When Many Sellers Are Involved in Selling Their Products in a Market,the

question 3

Multiple Choice

When many sellers are involved in selling their products in a market,the market structure may be which of the following?
i.perfect competition
ii.monopolistic competition
iii.monopoly

• A) (i) only
• B) either (i) or (ii)
• C) (ii) only
• D) (i), (ii), or (iii)

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Definitions:

Basic Tendency

An underlying characteristic or predisposition to respond to the environment in a certain way, often considered stable over time.

Reticular Activating System

A network of nerves in the brainstem that plays a key role in regulating wakefulness, attention, and sleep-wake transitions.

Temperament

A person's or animal's nature, especially as it permanently affects their behavior.

Characteristic Adaptation

Characteristic Adaptation involves personality adjustments and strategies developed in response to the environment and experiences, shaping individual behavior and thoughts.