Business

30 October, 10:35

Determine whether the markets, businesses, or products listed below belong in a competitive market, a monopoly, or a monopolistically competitive market.

(a) American Eagle

(b) Burger King

(c) Merck's cholesterol-fighting drug

(d) your local electric company

(e) the stock market

(f) a farmer who grows corn

Categories:

(1) Monopoly

(2) Monopolistic comp.

(3) Competitive market

+1

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