"Duopoly" Is

question 125

Multiple Choice

"Duopoly" is

• A) another name for monopoly.
• B) a special type of monopolistic competition.
• C) a two-firm oligopoly.
• D) a game with three players.
• E) the situation when a firm sets a duo (two) of different prices for its customers.

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Definitions:

Transferred

Moved or shifted from one place, person, or thing to another.

Proton

Positively charged particle in the nuclei of atoms.

Electric Charge

A physical property of matter that causes it to experience a force when placed in an electromagnetic field.

Nucleus

The central and most important part of an atom, or a cell's organelle that contains genetic material.