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    Exam 11: Performance and Strategy in Competitive Markets
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    Failure by Market Structure Can Occur When
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Failure by Market Structure Can Occur When

Question 31

Question 31

Multiple Choice

Failure by market structure can occur when:


A) joint products are produced in variable proportions.
B) joint products are produced in fixed proportions.
C) externalities exist.
D) few buyers or sellers are present.

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