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Author Question: In which of the following market structures is a firm most likely to advertise extensively and fear ... (Read 35 times)

lindiwe

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on: Jun 30, 2018
In which of the following market structures is a firm most likely to advertise extensively and fear entry of new firms?
 a. perfect competition
  b. pure monopoly
  c. monopolistic competition
  d. oligopoly
  e. both perfect competition and monopolistic competition

Question 2

Special-interest legislation is characterized by
 a. concentrated costs and concentrated benefits
  b. concentrated benefits and widespread costs
  c. widespread benefits and widespread costs
  d. widespread benefits and concentrated costs
  e. zero costs


abctaiwan

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Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

B


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lindiwe

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Reply #2 on: Jun 30, 2018
Thank you :)


abctaiwan

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Reply #3 on: Jun 30, 2018
Happy to help you


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