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    Exam 26: Oligopoly and Strategic Behavior
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    Other Things Being Equal, Which Market Structure Is Most Likely
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Other Things Being Equal, Which Market Structure Is Most Likely

Question 113

Question 113

Multiple Choice

Other things being equal, which market structure is most likely to yield the greatest industry long-run economic profit?


A) monopolistic competition
B) oligopoly
C) monopoly
D) perfect competition

Correct Answer:

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