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testipw testipw
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Consider the efficiency of various market structures and complete the following sentence. The larger the minimum efficient scale of firms, ceteris paribus, the

▸ less the tendency toward monopoly inefficiency.

▸ more likely we are to have a concentrated market and allocative inefficiency.

▸ more likely firms will display productive efficiency.

▸ lower the advantages of large-scale production.

▸ greater the number of firms comprising an industry.
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Microeconomics

Microeconomics


Edition: 17th
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collegelife_288collegelife_288
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