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    Microeconomics Study Set 13
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    Exam 10: Pure Competition in the Short Run
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    Economists Would Describe the U.S. Automobile Industry as
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Economists Would Describe the U.S. Automobile Industry as

Question 138

Question 138

Multiple Choice

Economists would describe the U.S. automobile industry as


A) purely competitive.
B) an oligopoly.
C) monopolistically competitive.
D) a pure monopoly.

Correct Answer:

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