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    Economics Principles and Policy Study Set 2
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    Exam 13: Between Competition and Monopoly
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    Firms in a Perfectly Contestable Market Will Earn Higher Profits
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Firms in a Perfectly Contestable Market Will Earn Higher Profits

Question 144

Question 144

True/False

Firms in a perfectly contestable market will earn higher profits than firms in markets that are not perfectly contestable.

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