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A NEWSWIRE Article in the Text,titled "Music Firms Settle Lawsuit

Question 105

Multiple Choice

A NEWSWIRE article in the text,titled "Music Firms Settle Lawsuit" discusses price fixing by music companies and retailers.Which market structure is most likely to be successful in price fixing?


A) Monopolistic competition but not perfect competition.
B) Perfect competition but not monopoly.
C) Oligopoly but not perfect competition.
D) Perfect competition but not monopolistic competition.

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