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Author Question: The U.S. commercial airline industry is a good example of an oligopolistic market. a. True b. ... (Read 164 times)

serike

  • Hero Member
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  • Posts: 542
on: Jun 30, 2018
The U.S. commercial airline industry is a good example of an oligopolistic market.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Which of the following exemplifies inefficient legal assignment of rights with high transaction costs?
 a. Agreement between an orchard farmer and a beekeeper.
  b. LoJack installation in cars to prevent car theft.
  c. The Huntington Beach oil wells.
  d. Installation of smog control in cars.


ryhom

  • Sr. Member
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  • Posts: 366
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

C


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