If there are many sellers and few buyers, the market situation is ______________________?

Related Mcqs:

What is the opposite of perfect competition ?

A. Monopsony B. Oligopoly C. Oligopsony D. Monopoly...

What is defined as any tangible economic product that contributes directly or indirectly to the satisfaction of human want ?

A. Services B. Goods C. Commodities D. Goods or commodities...

What is the present worth of a year annuity paying P 3,000.00 at the end of each year, with interest at 8% compounded annually ?

A. P 7,654.04 B. P 7,731.29 C. P 7,420.89 D. P 7,590.12...

A bond without any security behind them except a promise to pay by the issuing corporation is called __________________?

A. Joint bond B. Debenture bond C. Trust bond D. Common bond...

What is the factor name of the formula (1+i)^-n ?

A. Uniform gradient future worth B. Capital recovery C. Single payment present worth D. Single payment compound amount...