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Author Question: A monopolistic industry has (Read 21 times)

dmcintosh

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on: Apr 19, 2019

Question 1

An oligopolistic industry is characterized by


◦ one dominant firm in the industry.
◦ having no market power.
◦ free entry and exit.
◦ strategic behavior.

Question 2

A monopolistic industry has


◦ many differentiated products and easy entry.
◦ a homogeneous product and easy entry.
◦ a single, unique product and blocked entry.
◦ either a standardized product or differentiated products.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by dmcintosh on Apr 19, 2019

aliotak

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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dmcintosh

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Reply #2 on: Apr 19, 2019
Thanks


aliotak

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Reply #3 on: Apr 19, 2019
Welcome :)


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