Even If a Market Is Not Competitive,the Firms in the Market

question 83

Multiple Choice

Even if a market is not competitive,the firms in the market may behave competitively if

• A)Potential competition exists.
• B)There are economies of scale.
• C)A natural monopoly exists.
• D)The market is regulated.

---

Definitions:

Ecologic Study

A type of epidemiological study where the units of analysis are populations or groups of people rather than individuals.

Recall Bias

A systematic error caused by differences in the accuracy or completeness of the recollections retrieved by study participants about past events or experiences.

Case-control Study

A research design in which participants with a certain outcome or disease are compared to those without, to identify and evaluate risk factors or outcomes.

Cholera Infections

A highly contagious bacterial disease causing severe diarrhea and dehydration, usually spread through contaminated water.