单项选择题

Which of the following is most likely to be considered a characteristic of an oligopolistic industry()

A. Few barriers to entry.
B. Few economies of scale.
C. A great deal of interdependence among firms.

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单项选择题
If the market demand for a product increases in a competitive market, then in the short run the quantity supplied by an individual firm will:()

A. decrease and the firm will generate economic profits.
B. increase and the firm will generate economic profits.
C. increase and the firm will generate economic losses.

单项选择题
At an output quantity equal to 250, a monopoly firm faces a demand curve with a price (P) of $50, a marginal cost (MC) and marginal revenue (MR) equal to $10, and an average total cost (ATC) equal to $12. The economic profit for this monopoly firm is closest to:()

A. $12500.
B. $10000.
C. $9500.

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