In Most Larger Cities Where There Are Several Grocery Stores

question 4

Multiple Choice

In most larger cities where there are several grocery stores, the market form is

• A)monopoly.
• B)oligopoly.
• C)monopolistic competition.
• D)perfect competition.

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Definitions:

Securities

Financial instruments that represent an ownership position in a publicly-traded corporation, a creditor relationship with a governmental body or a corporation, or rights to ownership as represented by an option.

Primary Market

The financial market where new securities are sold to initial buyers directly by the issuer, often through underwriting.

Securities

Instruments of finance that denote a share in a company available on the public stock exchange, an obligation owed to investors by governments or businesses (bonds), or the assignment of ownership via options.

Investment Banks

Financial institutions that provide various services including underwriting, acting as intermediaries in mergers and acquisitions, and facilitating securities trading.