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Author Question: All of the following industry types have market power except (Read 13 times)

sarasara

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Question 1

Firms in imperfectly competitive markets are


◦ more efficient than firms in perfectly competitive industries.
◦ price makers.
◦ price takers.
◦ completely inefficient.

Question 2

All of the following industry types have market power 
except


◦ monopolistic competition.
◦ perfect competition.
◦ monopoly.
◦ oligopoly.


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Marked as best answer by sarasara on Apr 19, 2019

fauacakatahaias

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sarasara

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fauacakatahaias

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