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Author Question: Which of the following markets best approximates the perfectly competitive market structure? a. ... (Read 16 times)

dmcintosh

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Which of the following markets best approximates the perfectly competitive market structure?
 a. automobile manufacturing
  b. insurance
  c. world commodity markets
  d. airlines
  e. manufacture of stereo equipment

Question 2

Perfectly competitive firms respond to changing market conditions by varying their
 a. price
  b. output
  c. market share
  d. information
  e. advertising campaigns



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mcinincha279

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Answer to Question 1

C

Answer to Question 2

B




dmcintosh

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Reply 2 on: Jun 30, 2018
Gracias!


dantucker

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Reply 3 on: Yesterday
:D TYSM

 

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