Match each economic term with its description.
description:
1. there are no...
Social Studies, 27.11.2019 01:31 skater2699
Match each economic term with its description.
description:
1. there are no barriers to entry in the market.
2. three companies secretly enter into a price agreement.
3. every company in this market structure is aware of the actions of the other companies.
4. there is a single seller in the market.
terms:
a) monopoly
b) oligopoly
c) perfect competition
d) collusion
random answers will be reported
Answers: 3
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