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Use the Following Statements to Answer This Question: I

Question 115

Multiple Choice

Use the following statements to answer this question: I. Markets that have only a few sellers cannot be highly competitive.
II) Markets with many sellers are always perfectly competitive.


A) I and II are true.
B) I is true and II is false.
C) II is true and I is false.
D) I and II are false.

Correct Answer:

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