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In Which of the Following Market Structures Does Free Entry

Question 211

Multiple Choice

In which of the following market structures does free entry and exit play an important role in the long-run equilibrium outcome?
In which of the following market structures does free entry and exit play an important role in the long-run equilibrium outcome? A) (i) only B) (i) and (ii) only C) (ii) and (iii) only D) (i) ,(ii) ,and (iii)


A) (i) only
B) (i) and (ii) only
C) (ii) and (iii) only
D) (i) ,(ii) ,and (iii)

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