Market structure with many competitors and substitute foods

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1. An increased supply of U.S. dollars on the foreign exchange market, all else equal, will result in an appreciation of the U.S. dollar.

True

False

2. Although McDonalds operates in a market structure with many competitors and substitute foods, it often engages in ________ with its major fast food competitors.

a. monopoly behavior.

b. oligopoly behavior.

c. competitive behavior.

d. none of the above.

Reference no: EM13985902

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