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Author Question: Which type of regulation applies to all firms in the economy, as opposed to only covering specific ... (Read 71 times)

abarnes

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on: Jun 29, 2018
Which type of regulation applies to all firms in the economy, as opposed to only covering specific industries?
 
  A) economic regulation
  B) social regulation
  C) rate regulation
  D) statutory regulation

Question 2

Monopolistic competition is characterized by
 
  A) relative ease of entry into the market.
  B) a standard, undifferentiated product.
  C) persistent long-run economic profits.
  D) production at minimum average cost in the long run.


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ecox1012

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


abarnes

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

chereeb

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Reply 3 on: Yesterday
Excellent

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