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Ignoring Oligopoly and Focusing on the Other Three Types of Market

Question 127

Multiple Choice
Ignoring oligopoly and focusing on the other three types of market structure,in which of those market structures does a profit-maximizing firm experience a zero economic profit

Ignoring oligopoly and focusing on the other three types of market structure,in which of those market structures does a profit-maximizing firm experience a zero economic profit


A) perfect competition only
B) perfect competition and monopolistic competition
C) perfect competition, and monopoly
D) monopolistic competition and monopoly

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