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Loraine Loraine
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9 years ago
When a city licenses only 3 taxi firms to serve the market, the city has created a
A) cartel.
B) legal monopoly.
C) monopolistically competitive market.
D) legal oligopoly.
E) natural oligopoly.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 268 times
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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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9 years ago
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Loraine Author
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9 years ago
This calls for a celebration Person Raising Both Hands in Celebration
Transonic
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
54321abs
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2 hours ago
Smart ... Thanks!
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