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Author Question: Consider the following characteristics of a particular industry:- there is freedom of entry and ... (Read 128 times)

xxxxxxxxxxxx

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on: Oct 12, 2022
Consider the following characteristics of a particular industry:
- there is freedom of entry and exit
- in long-run equilibrium, each firm is producing a level of output where there are increasing returns to scale
This industry is likely to be
◦ a cartel.
◦ monopolistically competitive.
◦ an oligopoly.
◦ highly concentrated.
◦ perfectly competitive.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by xxxxxxxxxxxx on Oct 12, 2022

reactx

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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xxxxxxxxxxxx

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

Liamb2179

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Reply 3 on: Yesterday
Excellent

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