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Author Question: In oligopoly, minimum efficient scale is large relative to the market. a. True b. ... (Read 70 times)

09madisonrousseau09

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on: Jun 30, 2018
In oligopoly, minimum efficient scale is large relative to the market.
 a. True
  b. False

Question 2

Some of the nation's best minds are occupied with devising schemes to avoid taxes and to transfer income to favored groups at the expense of market efficiency. These activities are called
 a. rational ignorance
  b. choice of the cyclical majority
  c. rent seeking
  d. competing interest legislation
  e. a zero-sum game


hanadaa

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

C


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