Intense market competition is ________ for producers,since it_______.
A) Bad;erode consumer surplus
B) Bad,erode producer profits
C) Good,increase the price level in the market
D) Good;decrease the price level in the market
Correct Answer:
Verified
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A)The art of matching the resources
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A)The
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Q9: Intense market competition is _ for consumers,since
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Q12: In the IO perspective it is important
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A)your
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