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    Exam 10: Organizing Production
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    A Market Structure in Which One Firm Produces a Good
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A Market Structure in Which One Firm Produces a Good

Question 217

Question 217

Multiple Choice

A market structure in which one firm produces a good or service that has no close substitutes is called


A) perfect competition.
B) monopolistic competition.
C) oligopoly.
D) monopoly.

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