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Author Question: Most economists believe that consumers would be better off if markets were perfectly competitive ... (Read 160 times)

cartlidgeashley

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on: Jun 29, 2018
Most economists believe that consumers would be better off if markets were perfectly competitive rather than monopolistically competitive.
 
  Indicate whether the statement is true or false

Question 2

Labor demand is considered a derived demand because producers do not demand labor for itself but only because labor is used to produce output that consumers desire.
 
  Indicate whether the statement is true or false
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
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amynguyen1221

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Reply #1 on: Jun 29, 2018
Answer to Question 1

FALSE

Answer to Question 2

TRUE


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