A Duopoly Is

question 64

Multiple Choice

A duopoly is

• A)a cartel in which all members try to cheat on the cartel.
• B)an industry with only two sellers.
• C)an industry with only two buyers.
• D)a cartel with only two members.

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Definitions:

Protistan

Refers to any member of a diverse group of eukaryotic microorganisms, which are neither plants, animals, nor fungi, including algae, amoebas, and protozoans.

Salt Water

Water that contains significant amounts of dissolved salts, typically found in oceans and seas.

Freshwater Organism

A living entity that inhabits water bodies with low salt content, such as lakes, rivers, and ponds.

Semipermeable Membrane

A membrane that allows the passage of certain small molecules or ions but blocks others.