Few large firms collectivley decide the level of output and prices and still retain their individual identity. Identigy the type of market form.
A. Monopoly
B. Oligopoly
C. Perfect compition
D. Monoplistic competition
Sharks retain more urea in their body fluid (blood) to make their blood isotonic to surrounding marine water (in order to maintain osmotic balance).
This helps them to prevent possible loss...
As the number of firms changes the market supply curve shifts. When the number of firms increases the market supply curve shifts to the right. On the other hand, if...