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    Microeconomics Study Set 11
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    Exam 21: Asymmetric Information
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    In Competitive Markets,cross-Subsidization Is
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In Competitive Markets,cross-Subsidization Is

Question 34

Question 34

Multiple Choice

In competitive markets,cross-subsidization is:


A) certain to emerge.
B) impossible.
C) one of many possible equilibrium outcomes.
D) a profit-maximizing strategy.

Correct Answer:

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