Monopolistic Competition and Oligopoly Are Alike in That

question 65

Multiple Choice

Monopolistic competition and oligopoly are alike in that:

• A)the number of businesses is approximately the same in each
• B)a kinked demand curve is typical for both
• C)strong mutual interdependence exists among businesses in each
• D)non-price competition is common to both
• E)barriers to entry are significant in both

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Definitions:

Transport Nutrients

involves the movement of nutrients from one location to another within an organism or between organisms in an ecosystem.

Dissolved Sugars

Sugars that have been dissolved in a solution, which can readily be absorbed by plants and animals for energy.

Pistil

The female reproductive organ of a flower; consists of either a single carpel or two or more fused carpels. See carpel.

Structure Labeled

In microscopy, the identification and tagging of specific cellular or molecular components with labels or markers for study.