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Author Question: The military is NOT a perfectly competitive market because A) there is only one buyer, i.e., the ... (Read 11 times)

londonang

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The military is NOT a perfectly competitive market because
 
  A) there is only one buyer, i.e., the government, for military goods/services.
  B) there is imperfect information, i.e., intelligence branches.
  C) there are heterogeneous goods/services because each military branch provides different goods/services.
  D) All of the above.

Question 2

Understanding the supply and demand model facilitates
 
  A) greed.
  B) charity.
  C) happiness.
  D) prediction.


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yifu223

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londonang

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Reply 2 on: Jul 1, 2018
Gracias!


duy1981999

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

 

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