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Author Question: Collusion among firms to raise price is rare in monopolistically competitive markets because a. ... (Read 19 times)

rlane42

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Collusion among firms to raise price is rare in monopolistically competitive markets because
 a. there are too many firms
  b. there are too few firms
  c. there is only one firm
  d. products are homogeneous
  e. price leadership is used instead

Question 2

Which of the following did not contribute to the increase in competition in the United States between 1958 and 1988?
 a. antitrust activity
  b. deregulation of transportation industries
  c. deregulation of banking
  d. increased imports
  e. conglomerate mergers



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yasmina

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Answer to Question 1

A

Answer to Question 2

E




rlane42

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


kusterl

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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