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-How Would You Define "Many" When We Say There Are

question 326

Multiple Choice

  -How would you define  many  when we say there are  many firms in an industry ? A) More than 5 B) More than 10 C) More than 25 D) More than 100 E) So many that no one firm has any influence on price.
-How would you define "many" when we say there are "many firms in an industry"?


Definitions:

Wealth

The abundance of valuable resources or material possessions, or the control over such assets.

Contribute

To give or supply in common with others; to add to a collective or a specific cause, project, or effort.

Benefit

Refers to a favorable or advantageous outcome derived from a specific action or situation.

Public Entertainment

Activities or performances, often provided or endorsed by government or community entities, designed for the enjoyment of the public.

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