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Author Question: Market failure or inefficient consumption will take place in the market structures EXCEPT for A) ... (Read 106 times)

crazycityslicker

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on: Jul 1, 2018
Market failure or inefficient consumption will take place in the market structures EXCEPT for
 
  A) perfect competition.
  B) monopolistic competition.
  C) oligopoly.
  D) monopoly.

Question 2

It is appropriate to use the supply-and-demand model in which of the following markets?
 
  A) beer market
  B) car market
  C) wheat market
  D) market for breakfast cereal


okolip

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Reply #1 on: Jul 1, 2018
Answer to Question 1

A

Answer to Question 2

C


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