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Home Q & A Board Other Fields Homework Help Business Economics
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Loraine Loraine
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8 years ago
Which market structure is characterized by the following characteristics?
i.   A large number of firms compete.
ii.   Each firm produces a differentiated product.
iii.   Firms are free to enter and exit.
A) perfect competition
B) duopoly
C) oligopoly
D) monopolistic competition
E) monopoly
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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VincenzoDVincenzoD
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8 years ago
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Loraine Author
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8 years ago
Thanks for your help!!
Ctownsend
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
GeorgeNeist
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2 hours ago
This calls for a celebration Person Raising Both Hands in Celebration
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