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Author Question: Girlfriend's Salon is the only hair salon in Sunnyvale, a small town. Which of the following ... (Read 419 times)

CharlieWard

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on: May 24, 2019
Girlfriend's Salon is the only hair salon in Sunnyvale, a small town. Which of the following statements correctly describes a concentration measure for salons in Sunnyvale?
◦ The measure would incorrectly show an uncompetitive market structure because many firms could open in Sunnyvale without any restrictions.
◦ The measure would incorrectly show an uncompetitive market because the measure does not reflect the low prices charged at Girlfriend's Salon.
◦ The measure would correctly show a monopoly exists in town because there are so few residents.
◦ The measure would correctly show a monopoly exists because Girlfriend's revenues are low.
◦ The measure would incorrectly show a perfectly competitive market exists because new salons can open and compete with Girlfriend's.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by CharlieWard on May 24, 2019

mjenn52

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Reply #1 on: May 24, 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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Trevor Cardoza

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Reply #2 on: Jul 24, 2020
THank you


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