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Author Question: Arbitrage creates profits but has no effect on prices. Indicate whether the statement is true or ... (Read 14 times)

olgavictoria

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on: Jun 30, 2018
Arbitrage creates profits but has no effect on prices.
  Indicate whether the statement is true or false

Question 2

A basic characteristic of the firms in an oligopoly market structure is that they are:
 a. large (relative to the total market) and interdependent.
  b. large (relative to the total market) and independent.
 c. small (relative to the total market) and interdependent.
  d. small (relative to the total market) and independent.


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cloud

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Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

a


olgavictoria

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Reply #2 on: Jun 30, 2018
Thank you :)


cloud

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Reply #3 on: Jun 30, 2018
Happy to help you


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