In the long run in monopolistic competition, all economies of ...

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In the long run in monopolistic competition, all economies of scale are exhausted.
 a. True
  b. False

Question 2

The proposed takeover of Tony's Airlines by Plummet Airlines will result in increased profits for Plummet and increased air fares for consumers. This is an example of
 a. widespread distribution of benefits and costs
  b. concentrated distribution of costs and benefits
  c. concentrated distribution of benefits and widespread distribution of costs
  d. concentrated distribution of costs and widespread distribution of benefits
  e. logrolling

[cupcake16]

Answer to Question 1

B

Answer to Question 2

C