Test 4 quick microeconomics - Question 1 1 Price...

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Question 1 1.Price discrimination is prima facieevidence of _____.monopolyoligopolyimperfect competitionperfect competitionpublic good
10 points Question 2 1.Price wars are prima facieevidence of _____.
10 points Question 3 1.Commodity markets, like wheat or gold, are the closest examples of _____.
10 points Question 4 1.Most of our daily economic activity takes place in which type of market?
10 points Question 5 1.The primary goal of a firm is to _____.maximize revenueminimize costmaximize profitall of the abovenone of the above
10 points Question 6 1.The prisoners' dilemma is used to explain what kind ofmarket?

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