[Answered] What do monopolistic competition, pure monopoly, and perfect competition have in common? a. free ...

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tingc95

Hero Member
Posts: 556

on: Jun 30, 2018

What do monopolistic competition, pure monopoly, and perfect competition have in common?
a. free entry
b. long-run economic profits
c. differentiated product
d. price taking
e. the rule of profit maximization

Question 2

Conglomerate mergers involve more than two firms.
a. True
b. False

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Marked as best answer by a Subject Expert

dlook33

Sr. Member
Posts: 344

Reply #1 on: Jun 30, 2018

Answer to Question 1

E

Answer to Question 2

B

tingc95

Member
Posts: 556

Reply 2 on: Jun 30, 2018

Thanks for the timely response, appreciate it

Hdosisshsbshs

Member
Posts: 315

Reply 3 on: Yesterday

Excellent

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