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Other Fields Homework Help Economics Topic started by: aryaelfkind on Oct 9, 2022



Title: An imperfectly competitive industry is often allocatively inefficient when compared to the ...
Post by: aryaelfkind on Oct 9, 2022
An imperfectly competitive industry is often allocatively inefficient when compared to the performance of a competitive industry, because imperfect competitors

▸ make profits.

▸ set price above the marginal cost.

▸ operate in the global economy.

▸ maximize profits.

▸ obtain economies of scale.


Title: An imperfectly competitive industry is often allocatively inefficient when compared to the ...
Post by: lull on Oct 9, 2022
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