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maychende

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In monopolistic competition, excess capacity results from
 
  A) the presence of a large number of buyers.
  B) the mobility of firms into and out of the industry.
  C) imperfect information about price.
  D) product differentiation.

Question 2

One of the reasons that a firm can be ________ efficient than a market is that the firm ________.
 
  A) more; does not have any economies of scale
  B) more; lowers transactions costs
  C) less; has economies of scope
  D) less; produces lower profits


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micaelaswann

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maychende

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Reply 2 on: Jun 29, 2018
Gracias!


raili21

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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