Abeka economics quiz 14.
An industry. What is each firm in a perfect competitive market known as? A price taker. What type of monopoly is granted by the government? Legal monopoly. What is the result when a single firm can fill the demand for a good more efficiently than if there were multiple firms? A natural monopoly.
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market. t/f: market signals are signs that producers use to determine how much to buy. true. approximately how many years of life expectancy mark the difference between durable and nondurable goods? three years. t/f: signals are transmitted in much the same way for both durable and nondurable goods. true.Are you ready to put your general knowledge to the ultimate test? Look no further than an online general knowledge quiz. These quizzes are a fun and interactive way to challenge yo...
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In which part of the country did the Second Great Awakening begin? Asbury. Name the man credited with beginning the circuit-riding movement in the Northeast. Finney. What well known evangelist used his training as a lawyer to convince his audience of their guilt and need of salvation? the spirituals.
Under which type of capitalism are most of the nation's resources under a centralized authority? state capitalism. True/False: A capitalist is a person who owns a share of some business that produces goods. true. True/False: Jim Hawkins was the name of the shipwrecked merchant mentioned in the text. false.
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