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Business, 21.07.2019 05:30, gamelaza431

Which are more economically efficient, perfectly competitive markets or monopolies? compared to monopolies, perfectly competitive markets are?

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Business, 23.06.2019 02:30, d1Dej
Markets and competition in a perfectly competitive market, all producers sell identical goods or services. additionally, there are many buyers and sellers. because of these two characteristics, both buyers and sellers in perfectly competitive markets are pricetakers . true or false: the market for lettuce does exhibit the two primary characteristics that define perfectly competitive markets. true false
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Business, 24.06.2019 11:30, viktoria1198zz
In a perfectly competitive market, all producers sell very different goods or services. additionally, there are many buyers and sellers. because of these two characteristics, both buyers and sellers in perfectly competitive markets are pricemakers . true or false: the market for public utilities, like gas and electricity, does not exhibit the two primary characteristics that define perfectly competitive markets.
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Business, 02.08.2019 12:00, nourmaali
In a perfectly competitive market, all producers sell goods or services. additionally, there are buyers and sellers. because of these two characteristics, both buyers and sellers in perfectly competitive markets are price .true or false: the market for public utilities, like gas and electricity, does not exhibit the two primary characteristics that define perfectly competitive markets.
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Business, 20.08.2019 22:20, jweldene12
20. which of the following is not a difference between monopolies and perfectly competitive markets? a. monopolies can earn profits in the long run while perfectly competitive firms break even. b. monopolies charge a price higher than marginal cost while perfectly competitive firms charge a price equal to marginal cost. c. monopolies choose to produce the quantity at which marginal revenue equals marginal cost while perfectly competitive firms do not. d. monopolies face downward sloping demand curves while perfectly competitive firms face horizontal demand curves.
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