Consumers Can Choose from Hundreds of Different Kinds and Producers

question 151

Multiple Choice

Consumers can choose from hundreds of different kinds and producers of cheese, each with a slightly different flavour and texture. This type of market structure is known as ______.

• A) pure competition
• B) monopolistic competition
• C) a monopoly
• D) an oligopoly

---

Definitions:

Employee Assistance Program (EAP)

A workplace initiative that provides employees with confidential counseling services for personal or work-related issues.

Counselling and Referral Services

Support services offered by employers to assist employees with personal or work-related issues, often involving professional guidance and external resource recommendations.

Seminars and Workshops

Educational and training sessions focused on specific topics or skills, often involving interactive and practical activities to enhance learning.

Salary Continuance Programs

Benefits programs that provide employees with a certain percentage of their salary during periods they are unable to work due to disability or illness.