According to Shepherd,which of the Following Is Not a Group

question 121

Multiple Choice

According to Shepherd,which of the following is not a group in which industries could be placed based on their competitiveness?

• A)dominant firms
• B)tight oligopolies
• C)effective competition
• D)pure monopsonies
• E)pure monopolies

---

Definitions:

Payments 13 to 24

Refers to the series of payments that are made from the thirteenth to the twenty-fourth installment in a sequence of payments.

Compounded Monthly

The process of adding interest to a principal amount each month, where each month's interest is computed based on the total of the original principal and the accumulated interest.

Home Improvement Loan

A type of loan intended to finance the renovation or repair of a home.

Equal Monthly Payments

Payments of equal amount made each month over a specified period, commonly associated with loans or financing plans.