What market situation exists where there are few sellers and few buyers?
A. Oligopoly
B. Oligopsony
C. Bilateral Oligopoly
D. Bilateral Oligopsony
Answer: Option C
This Question Belongs to Civil Engineering >> Engineering Economics
Related Questions on Engineering Economics
The CRF (ep) is also known as: [CRF(EP) - 8% - 7], where
A. 8% is the rate of interest per year
B. Money is borrowed for n = 7 years
C. Both (A) and (B)
D. Neither (A) nor (B)
A. Sole proprietorship
B. Entrepreneurship
C. Partnership
D. Corporation
A. P 43,600.10
B. P 43,489.47
C. P 43,263.91
D. P 43,763.20
A. Architect/engineer
B. Construction manager
C. Owner himself/herself
D. Construction manager
Join The Discussion