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Harlamova29_29 [7]
3 years ago
8

The market structure of pure competition is distinctive because —

Business
1 answer:
Mrrafil [7]3 years ago
3 0

Answer:

Amount of choices for consumers. ... Consumer preferences. The market structure of pure competition is distinctive because- There are no examples of this type of market.

Explanation:

blah

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If the supply of a good increased, what would be the effect on the equilibrium price and quantity?
kakasveta [241]

Answer:

An increase in supply, all other things unchanged, will cause the equilibrium price to fall; quantity demanded will increase. A decrease in supply will cause the equilibrium price to rise; quantity demanded will decrease.

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