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Author Question: What do monopolistic competition, pure monopoly, and perfect competition have in common? a. free ... (Read 87 times)

tingc95

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on: Jun 30, 2018
What do monopolistic competition, pure monopoly, and perfect competition have in common?
 a. free entry
  b. long-run economic profits
  c. differentiated product
  d. price taking
  e. the rule of profit maximization

Question 2

Conglomerate mergers involve more than two firms.
 a. True
  b. False


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dlook33

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

E

Answer to Question 2

B


tingc95

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Reply 2 on: Jun 30, 2018
Excellent

ryhom

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

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