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Author Question: An example of a Canadian industry composed of a few large firms is (Read 65 times)

Darron12

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on: Oct 12, 2022

Question 1

If an industry's demand conditions allow, at most, one firm to cover its costs while producing at its minimum efficient scale (MES), this situation is known as
◦ natural economic limits.
◦ declining marginal revenue.
◦ a natural monopoly.
◦ a discriminating monopoly.
◦ limited competition.

Question 2

An example of a Canadian industry composed of a few large firms is
◦ gasoline retailing.
◦ the accounting profession.
◦ clothing retailing.
◦ hair dressers.
◦ restaurants.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by Darron12 on Oct 12, 2022

nora9826

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Reply #1 on: Oct 12, 2022
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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Darron12

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Reply 2 on: Oct 12, 2022
Thanks for the timely response, appreciate it

marict

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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