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Author Question: Consider the following characteristics of a particular industry:- the firms in the industry are ... (Read 44 times)

Ethanolson3

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on: Oct 12, 2022
Consider the following characteristics of a particular industry:
- the firms in the industry are maximizing their joint profits
- entry of new firms is restricted
This industry is likely to be
◦ a cartel.
◦ perfectly competitive.
◦ a monopoly.
◦ one where each firm has limited market power.
◦ monopolistically competitive.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by Ethanolson3 on Oct 12, 2022

leilani49

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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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Ethanolson3

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Reply 2 on: Oct 12, 2022
Excellent

flexer1n1

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

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