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Author Question: The clothing industry has many firms with differentiated products and no barriers to entry. The ... (Read 181 times)

jon_i

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on: May 24, 2019
The clothing industry has many firms with differentiated products and no barriers to entry. The cereal industry has a few firms with either identical or differentiated products and moderate barriers to entry. The food industry is characterized as ________, and the cereal industry is characterized as ________.
◦ perfect competition; monopolistic competition
◦ monopolistic competition; oligopoly
◦ oligopoly; monopolistic competition
◦ perfect competition; perfect competition
◦ monopolistic competition; monopoly
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by jon_i on May 24, 2019

ricroger

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jon_i

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Reply 2 on: May 24, 2019
Great answer, keep it coming :)

lindahyatt42

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Reply 3 on: Yesterday
Excellent

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