Question

pregunta 3 (2 puntos)
____ occurs when only a few sellers offer a similar, but not standardized, product.
a oligopoly
b monopoly
c monopolistic competition
d imperfect competition

pregunta 4 (1 punto)
the average person changes careers ____ times during their lifetime.
a 2-4
b 4-6
c 8-10
d 6-8

Explanation:

For Pregunta 3: Oligopoly is a market structure with few sellers offering similar (differentiated or standardized) products. Monopoly has one seller, monopolistic competition has many firms with differentiated products, and imperfect competition is a broader category.
For Pregunta 4: Common labor market data indicates the average person changes careers around 6-8 times in their lifetime, aligning with typical career mobility trends.

Answer:

a. oligopoly
d. 6-8