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Author Question: Which market structure is characterized by many sellers, easy entry, and homogeneous products a. ... (Read 31 times)

fahad

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on: Jun 30, 2018
Which market structure is characterized by many sellers, easy entry, and homogeneous products
 a. perfect competition
 b. monopolistic competition
  c. oligopoly
 d. monopoly

Question 2

Common ownership of resources:
 a. is a system by which the government allocates the rights to harvest renewable resources.
  b. may fail to ensure that harvesting of renewable resources does not exceed the maximum sustainable yield.
  c. is an environmentally effective method of internalizing an externality problem in renewable resource conservation.
  d. efficiently controls the harvest of renewable resources.
  e. usually helps in preventing market failures.


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upturnedfurball

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

a

Answer to Question 2

b


fahad

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

DylanD1323

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Reply 3 on: Yesterday
Excellent

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