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    Economics Contemporary Issues
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    Exam 5: Market Power: Does It Help or Hurt the Economy
  5. Question
    The Existence of Market Power
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The Existence of Market Power

Question 67

Question 67

Multiple Choice

The existence of market power:


A) makes markets impersonal because the firms are so large.
B) gives consumers greater choice.
C) makes firms more responsive to consumer demand.
D) give consumers less choice.

Correct Answer:

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