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Author Question: In London there is a large number of retail clothing stores. Each store is slightly different from ... (Read 3885 times)

sabina

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on: May 25, 2020

Question 1

Which of the following is LEAST likely to be considered a firm in an imperfectly competitive industry?
◦ British Telecom
◦ A wheat farmer in the east of England
◦ A Kentucky Fried Chicken outlet in Birmingham
◦ A car repair garage in Sheffield

Question 2

In London there is a large number of retail clothing stores. Each store is slightly different from every other store. Retail clothing stores in London are an example of which market structure?
◦ Monopoly
◦ Monopolistic competition
◦ Oligopoly
◦ Perfect competition
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by sabina on May 25, 2020

ashely1112

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Reply #1 on: May 25, 2020
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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Rg099

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Reply #2 on: May 12, 2023
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