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Author Question: An important defence of oligopoly as a market structure is that (Read 58 times)

mmmmm

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on: Oct 12, 2022
An important defence of oligopoly as a market structure is that
◦ it is the most efficient available alternative when the minimum efficient scale is large.
◦ it is more productively efficient than monopoly.
◦ it generates less unused capacity than monopolistic competition.
◦ it results in lower prices than perfect competition.
◦ it involves less allocative inefficiency than monopoly.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by mmmmm on Oct 12, 2022

ellie

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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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mmmmm

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

Jossy

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Reply 3 on: Yesterday
Excellent

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