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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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    If the Smartphone Market Has Only Two Firms, This Market
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If the Smartphone Market Has Only Two Firms, This Market

Question 174

Question 174

Multiple Choice

If the smartphone market has only two firms, this market would be a


A) monopoly industry.
B) monopolistically competitive industry.
C) perfectly competitive industry.
D) duopoly industry.

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