Author Question: Which of the following is likely among the most concentrated industries in the United States? A) ... (Read 106 times)

karlynnae

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Which of the following is likely among the most concentrated industries in the United States?
 
  A) printing and publishing
  B) soft drinks
  C) tobacco products
  D) household vacuum cleaners

Question 2

Monopolistically competitive firms advertise to attempt to
 
  A) lower their average variable costs.
  B) build brand loyalty.
  C) lower barriers to entry.
  D) increase barriers to entry.



Jayson

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Answer to Question 1

C

Answer to Question 2

B



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