What is the difference between Monopoly and Oligopoly?
A monopoly occurs when a single company that produces a product or service controls the market with no close substitute.
In an oligopoly, two or more companies control the market, none of which can keep the others from having significant influence.
What is the most expensive spice in the world?
Saffron
What is the proper geographical term for a cluster or chain of islands?
Archipelago
What year was the first iPhone released?
2007
What chemical element does the letter 'As' represent
Arsenic
The elasticity of demand in a market has to be greater than what number in order for the demand to be considered elastic?
1
What is the name of the coffee produced from beans that have been eaten and excreted by civet cats?
Luwak Coffee
Which European country is known for its fjords and is the homeland of the Vikings?
Norway (How can 'The Explorer's Daughter' be forgotten?)
Where did Albert Einstein live before moving to the United States?
Germany
How many bones do sharks have?
Zero
What is the formula for Gross Domestic Product?
C+I+G+(X-M)
Consumer spending + Investment + Government Spending + (Export - Import)
What type of food holds the world record for being the most stolen around the globe?
Cheese
It’s estimated that as much as 4% of the cheese produced around the world is stolen. That equates to as much as 90.6 million tons of cheese each year!
Source:instacart.com
Which country has the most pyramids?
Sudan
Franklin D. Roosevelt (Franklin Delano Roosevelt)
Bronze is an alloy made of which two elements?
Copper and Tin
In the insurance business, what is the name for a person whose job it is to analyze statistics to calculate risks and price premiums accordingly?
Actuary
Which two spices are the most popular in the world?
Pepper and Mustard (Salt is not included because Salt is not a spice, it is a mineral)
What is the name of this Archaeological site?
Chichén Itzá, one of the Seven Wonders of The World
Where was William Shakespeare born?
Stratford-upon-Avon, England (England is acceptable)
What is the most electronegative element on the periodic table?
Fluorine
That connects: in an August 2021 blog post, CEO Ryan Roslansky approved permanent remote work for employees of what business-oriented social network company?
What is the English translation of the name of the Italian dessert 'tiramisu'?
Make Me Happy
Which country is known as the Land of Fire and Ice due to its volcanoes and glaciers?
Iceland
What 14th-century disease decimated a third of Europe’s population?
The Bubonic Plague
What color is the sunset on Mars?
Blue