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tuggy tuggy
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Posts: 864
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6 years ago
Which of the following examples best describes the concept of free entry?
A) Jack has an old cell phone that he wants to sell. He opens an account on eBay and auctions it off.
B) Purecircuit Corp. wants to expand its production, so it doubles its annual recruitment.
C) To increase its market share, System Corp. decides to charge a price lower than the market price.
D) The government enters the market to correct any shortage or surplus in the market for gasoline.
Textbook 
Microeconomics

Microeconomics


Edition: 1st
Authors:
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losteinlostein
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Posts: 583
6 years ago
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tuggy Author
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6 years ago
Thanks
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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2 hours ago
Thank you, thank you, thank you!
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