Theory of Firm MC 2 with answers.doc - 1. Which of the...

School San Francisco State University
Course Title COAPS 123
Uploaded By BaronDove2377
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1.Which of the following market structures has the steepest demand curve?a.Monopolyb.Monopolistic competitionc.Perfect competitiond.Monopsony

2.Which of the following competitive strategies does an oligopoly usually reject?

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3.Which of the following is not an assumption underpinningthe monopolistically competitive model?

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4.Which of the following industries is an example of monopolistic competition?

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Monopoly, Oligopoly, Perfect Competition, following market structures

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