Rivalry is special destructive to probability
Rivalry is special destructive to probability if:
A) It leads to lots of product features and hence higher costs
B) It leads to a focus on price
C) Leads firms to innovate heavily in an effort to diferentiate themselves
D) All of the above
E) None
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consider the following distribution of income in a 12 person economy with the modern urban wage3 the traditional rural
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rivalry is special destructive to probability ifa it leads to lots of product features and hence higher costsb it leads
an may offer products that are either differentiated or nondifferentiatedselect onea monopolistically competitive
the payment to resource owners has to be equal to in order to keep the resources in their current useselect onea what
the terms price maker price setter and price searcher are all meant to imply the same thing which isselect onea firms
the characteristic that distinguishes a perfectly competitive market from a monopolistically competitive market
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