Multiple Choice
A market's boundaries are determined by:
A) The geographical extent of the markets that are supplied by the incumbents
B) The type of product which is sold,and the type of customers willing to pay for the product
C) Price homogeneity-within the confines of a market,a single price rules
D) Substitutability on both the demand side and the supply side
Correct Answer:
Verified
Correct Answer:
Verified
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