A Market Comprised of Only Two Firms Is Called a

question 35

Multiple Choice

A market comprised of only two firms is called a

• A)competitive market.
• B)duopoly.
• C)monopoly.
• D)monopolistically competitive market.

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Definitions:

Nursing Field

The healthcare profession focused on the care of individuals, families, and communities to maintain or recover optimal health and quality of life.

Hate Crime

A crime committed against someone based on their race, religion, ethnicity, sexual orientation, or other such characteristic.

Crime Statistics

Data collected and analyzed regarding the incidence, frequency, and types of crimes committed in a specific area or globally.

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A theory that suggests individuals learn behaviors, norms, and values by observing and imitating others.