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    Exam 11: What Should the Firm Do
  5. Question
    If a Firm's Product Becomes a Commodity
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If a Firm's Product Becomes a Commodity

Question 36

Question 36

Multiple Choice

If a firm's product becomes a commodity


A) the firm gains market power.
B) the firm's strategy has apparently paid off.
C) the firm has become a monopoly.
D) the firm looses market power.

Correct Answer:

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