Industries Exhibit Strong Differences, Such as the Chewing Tobacco Industry

Multiple Choice

Industries exhibit strong differences, such as the chewing tobacco industry and the Chicago grain market:

A) Both are trading assets or items which are ethically questionable
B) Each illustrates, respectively, a situation of quasi-monopoly and a situation of perfect competition
C) Each illustrates, respectively, a situation of perfect competition and a situation of quasi-monopoly
D) Each illustrates, respectively, a situation of low risk and a situation of high risk in terms of business activity fluctuations