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Ryanteck Ryanteck
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Posts: 559
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7 years ago
A monopoly is an industry with
A) a small number of firms each large enough to impact the market price of its output..
B) many firms each too small to impact the market price of its output.
C) many firms each able to differentiate their product.
D) a single firm in which the entry of new firms is blocked.
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goldlilysgoldlilys
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7 years ago
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