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Author Question: Game theory can be used for studying which of the following types of market structure? A) ... (Read 93 times)

Destiiny22

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on: Jun 29, 2018
Game theory can be used for studying which of the following types of market structure?
 
  A) monopoly
  B) monopolistic competition
  C) oligopoly
  D) perfect competition

Question 2

If there is surplus of a good, then the quantity demanded ________ the quantity supplied and the price will ________.
 
  A) is less than; rise
  B) is less than; fall
  C) is greater than; rise
  D) is greater than; fall


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olderstudent

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

C

Answer to Question 2

B


Destiiny22

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

gcook

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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