A Market with Two Sellers Is Called a

question 28

Multiple Choice

A market with two sellers is called a

• A) Monopoly
• B) Perfectly competitive market
• C) Duopoly
• D) Triopoly

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Definitions:

Self-Awareness

The conscious knowledge of one’s own character, feelings, motives, and desires, essential for personal development and growth.

LMX

Leader-Member Exchange, a theory focusing on the dyadic relationships between leaders and followers, emphasizing the quality of these interactions.

OCB

Organizational Citizenship Behavior; voluntary actions of employees that are not part of their formal job requirements but contribute to the organization's effectiveness.

Performance

The action or process of carrying out or accomplishing an action, task, or function.