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    Economics Principles and Policy Study Set 1
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    Exam 12: Between Competition and Monopoly
  5. Question
    Deviations from the Perfectly Competitive Market Can Lead to
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Deviations from the Perfectly Competitive Market Can Lead to

Question 149

Question 149

Multiple Choice

Deviations from the perfectly competitive market can lead to


A) inefficiently high production costs.
B) higher prices and smaller outputs.
C) less efficient resource allocation.
D) All of the above are correct.

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