In Which Market Structure Is There a Large Number of Firms

question 185

Multiple Choice

In which market structure is there a large number of firms producing slightly differentiated products?

• A) monopoly
• B) oligopoly
• C) only perfect competition
• D) only monopolistic competition
• E) either perfect competition or monopolistic competition

---

Definitions:

Evolutionary Explanations

Theories that account for the development of traits and behaviors through the process of natural selection.

Social Behavior

Behavior among two or more organisms, typically from the same species, that encompasses cooperation, competition, aggression, and communication.

Linkage Studies

Genetic research aimed at discovering the approximate location of genes on chromosomes through the study of affected families.

Genetic Mutations

Changes in the DNA sequence of a cell's genome, which can lead to variations in physical traits or impacts on health.