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Consider the Following Characteristics

question 63

Multiple Choice

Consider the following characteristics:
a. a market structure with barriers to entry
b. demand curves that are easily identified
c. firm cannot make zero profits in the long run
d. firm can reap long-run profits.
Which of the characteristics in the list above is shared by an oligopolist and a monopolist?


Definitions:

Nissl Bodies

Structures within the cytoplasm of neurons that are made up of rough endoplasmic reticulum and ribosomes, involved in protein synthesis.

Axon Terminals

The endings of axons that make synaptic connections with other nerve cells or with effector cells.

Telodendria

The fine terminations of an axon or dendrite which are involved in transmitting the nerve impulse to other neurons or to muscles.

Neurofibrils

Fine, threadlike structures within nerve cells that contribute to the cell's support and transport functions.

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