Market failure or inefficient consumption will take place in the market structures EXCEPT for A) ...

Author Question: Market failure or inefficient consumption will take place in the market structures EXCEPT for A) ... (Read 51 times)

crazycityslicker

Hero Member
Posts: 537

on: Jul 1, 2018

Market failure or inefficient consumption will take place in the market structures EXCEPT for

A) perfect competition.
B) monopolistic competition.
C) oligopoly.
D) monopoly.

Question 2

It is appropriate to use the supply-and-demand model in which of the following markets?

A) beer market
B) car market
C) wheat market
D) market for breakfast cereal

okolip

Sr. Member
Posts: 362

Reply #1 on: Jul 1, 2018

Answer to Question 1

A

Answer to Question 2

C

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