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Author Question: Pure monopoly: a. is characterized by a single supplier. b. is a market structure in which no close ... (Read 39 times)

yoooooman

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Pure monopoly:
 a. is characterized by a single supplier.
 b. is a market structure in which no close substitute products are available.
 c. exists when entry and survival of potential competitors is extremely unlikely.
  d. is characterized by all of the above.

Question 2

A country with a strong bargaining power is likely to direct the terms of trade in its favor.
 a. True
  b. False
  Indicate whether the statement is true or false



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rachel

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Answer to Question 1

d

Answer to Question 2

True




yoooooman

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


CAPTAINAMERICA

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Reply 3 on: Yesterday
Wow, this really help

 

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