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Author Question: Excess capacity and high advertising expenditures are most likely to be encountered in A) perfect ... (Read 57 times)

darbym82

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Excess capacity and high advertising expenditures are most likely to be encountered in
 
  A) perfect competition.
  B) monopolistic competition.
  C) monopoly.
  D) both monopolistic and perfect competition.

Question 2

One of the obstacles to efficiency is monopoly.
 
  Indicate whether the statement is true or false



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Kimmy

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Answer to Question 1

B

Answer to Question 2

TRUE




darbym82

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Reply 2 on: Jun 29, 2018
:D TYSM


tandmlomax84

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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