Which Two Market Structures Have a Strong Need to Innovate

question 90

Multiple Choice

Which two market structures have a strong need to innovate but have low expected returns on R&D expenditures?

• A) monopoly and oligopoly
• B) oligopoly and pure competition
• C) monopoly and monopolistic competition
• D) monopolistic competition and pure competition

---

Definitions:

Plant Cells

Cells that are the basic structural and functional units of plants, characterized by a cell wall, chloroplasts, and a central vacuole.

Salts

Compounds formed from the ionic bonds between cations and anions, commonly resulting from the neutralization reaction of an acid and a base.

Signal Transduction

The process by which a chemical or physical signal is transmitted through a cell as a series of molecular events, most often protein phosphorylation.

Signal Transmission

The process of transmitting information in the form of signals from one part of an organism to another, essential for coordination and function in biological systems.