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Author Question: The best example of a good sold in a monopolistically competitive market is A) pizza. B) the ... (Read 52 times)

lilldybug07

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on: Jun 29, 2018
The best example of a good sold in a monopolistically competitive market is
 
  A) pizza.
  B) the local newspaper.
  C) sewer services.
  D) peaches.

Question 2

In what type of market is a cartel possible?
 
  A) a market in which there are only a few firms and barriers to entry exist
  B) a market in which firms sell a homogeneous good
  C) a market in which firms sell a differentiated good
  D) a market in which there are many firms


lcapri7

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

A

Answer to Question 2

A


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