Question

Economics Questions
1. What market structure out of the four contains elements of both monopoly and competition?
A. Perfect Competition

B. Monopolistic Competition

C. Oligopoly

D. Monopoly

2. Businesses within a ________market cannot make their products different. In other words, all businesses have a difficult time making their products unique from the other competing businesses?
A. Perfect Competition

B. Monopolistic Competition

C. Oligopoly

D. Monopoly