Which Statement Is False

question 41

Multiple Choice

Which statement is false?

• A)All oligopolies have only a few firms.
• B)Most firms in the United States are oligopolies.
• C)Administered prices are most likely to occur under oligopoly.
• D)In all market structures,price is always read off the demand curve.

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Definitions:

Isomeric

Refers to molecules that have the same molecular formula but different structural arrangements.

Cis-trans Isomers

Isomers that have the same formula but differ in the orientation of substituents around a double bond or ring structure.

Constitutional Isomers

Compounds with the same molecular formula but with differing connectivity of their atoms, leading to different chemical and physical properties.

Isomeric

Pertaining to molecules that have the same molecular formula but a different structure, resulting in different chemical properties.