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Author Question: Collusion among firms to raise price is rare in monopolistically competitive markets because a. ... (Read 54 times)

rlane42

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  • Posts: 594
on: Jun 30, 2018
Collusion among firms to raise price is rare in monopolistically competitive markets because
 a. there are too many firms
  b. there are too few firms
  c. there is only one firm
  d. products are homogeneous
  e. price leadership is used instead

Question 2

Which of the following did not contribute to the increase in competition in the United States between 1958 and 1988?
 a. antitrust activity
  b. deregulation of transportation industries
  c. deregulation of banking
  d. increased imports
  e. conglomerate mergers


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yasmina

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

A

Answer to Question 2

E


rlane42

  • Member
  • Posts: 594
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

irishcancer18

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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