A Major Difference Between Oligopoly and Monopolistic Competition Is That

question 62

Multiple Choice

A major difference between oligopoly and monopolistic competition is that oligopolies do not

• A)Have high concentration ratios.
• B)Have many competitors.
• C)Have high barriers to entry.
• D)Confront a downward-sloping demand curve.

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Definitions:

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The series of hollow organs joined in a long, twisting tube from the mouth to the anus, through which food is digested and nutrients are absorbed.

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The series of wave-like muscle contractions that move food through the digestive tract.

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A mental health disorder characterized by persistently depressed mood or loss of interest in activities, causing significant impairment in daily life.

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A residential option for older adults or others who need help with daily activities but do not require the intensive medical and nursing care provided in a nursing home.