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ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Duracell's share of revenue in the market for batteries is 45 percent. Energizer's share is 35 percent. A few smaller firms share the rest of the market. In what type of market are batteries sold? Explain your answer. The type of market in which batteries are produced is O A. monopoly O B. monopolistic competition OC. oligopoly O D. perfect competition A distinguishing feature in the market for batteries is O A. a small number interdependent firms O B. many firms that have no incentive to collude OC. no barriers to entry O D. an HHI that is equal to approximately 1,400 MacBook Pro esc 888 @ $ & 2 3 4 8. Q W E T. Y tab Jock S G Z X C V B M trol ontion この つ つ エ くO
Transcribed Image Text:Duracell's share of revenue in the market for batteries is 45 percent. Energizer's share is 35 percent. A few smaller firms share the rest of the market. In what type of market are batteries sold? Explain your answer. The type of market in which batteries are produced is O A. monopoly O B. monopolistic competition OC. oligopoly O D. perfect competition A distinguishing feature in the market for batteries is O A. a small number interdependent firms O B. many firms that have no incentive to collude OC. no barriers to entry O D. an HHI that is equal to approximately 1,400 MacBook Pro esc 888 @ $ & 2 3 4 8. Q W E T. Y tab Jock S G Z X C V B M trol ontion この つ つ エ くO
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