Answer:
A duopoly
Explanation:
A duopoly is a form of oligopoly, where only two companies dominate the market. The companies in a duopoly tend to compete against one another, reducing the chance of monopolistic market power. Visa and Mastercard are examples of a duopoly that dominates the payments industry in Europe and the United States.
" I can accept that you feel it is lucky, so let's get to our activities for the day."
Answer: Option 4.
<u>Explanation:</u>
Belief is the disposition that something is the situation or genuine. In epistemology, logicians utilize the expression "belief" to allude to individual mentalities related with genuine or bogus thoughts and ideas.
Since the client believes that the foot of the rabbit that he is carrying is lucky for him, the nurse in order to reflect respect for his belief says that he should do his activities today because he has his lucky charm with him right now.
Answer:
c. firms are free to enter and exit the market.
Explanation:
A monopolistically competitive market is a market in which there are a lot of organizations that sell products that are similar and it tends to be easy to enter and leave the industry. Because it is easy for a company to enter the market and there is a lot of competition, in the long run the economic profit is zero. According to this, the answer is that in the long run, profits in a monopolistically competitive market are zero because firms are free to enter and exit the market.
The other options are not right because a monopolistically competitive market has zero profits because of its low entry barriers and amount of competitors not because of government regulations or an illegal agreement between organizations to control competition. Also, in a monopolistically competitive market the products are similar.
