Which of the Following Market Structures Will Have Only Normal

question 64

Multiple Choice

Which of the following market structures will have only normal profit in the long run?

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

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Definitions:

Staff Meetings

Regularly scheduled gatherings where employees and management meet to discuss issues, share information, and make decisions related to the workplace or projects.

Organizational Behavior

The study of how people interact within groups, particularly in a work setting, to understand how to improve job performance and organizational effectiveness.

Negative Influence

The impact of an individual or group that leads to harmful or undesired outcomes, often affecting others' behaviors or attitudes negatively.

Organization

A structured group of people working together to achieve common goals, often formalized through roles, rules, and processes.