The Following Table Shows the Units of Output Sold at Different

question 61

Multiple Choice

The following table shows the units of output sold at different price levels by Gizmo's Inc.Table 11.1

-According to Table 11.1, Gizmo's cannot be:

• A)a monopsonist.
• B)a monopoly.
• C)an oligopolistic firm.
• D)a perfectly competitive firm.
• E)a monopolistically competitive firm.

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