Which of the Following Market Structures Will Have Higher Output

question 126

Multiple Choice

Which of the following market structures will have higher output in the long run than monopolistic competition,ceteris paribus?

• A)Perfect competition.
• B)Monopoly.
• C)Duopoly.
• D)Oligopoly.

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Definitions:

Shareholders

Individuals or entities that own one or more shares of stock in a corporation and have a financial interest in its performance.

Large Denomination

Notes or coins of high value in circulation within the monetary system.

Time Deposits

Banking term for deposit accounts that have a fixed term and typically offer higher interest rates than regular savings accounts.

M2

M2 refers to a measure of the money supply that includes cash, checking deposits, and easily convertible near money.