Business, 19.08.2020 18:01 angelynb412
Monopolistically competitive firms are troublesome to regulate for all of the following reasons, EXCEPT:.
a. they comprise a large proportion of the economy.
b. their market and political power renders them virtually untouchable.
c. it could result in fewer choices for consumers.
d. regulating prices only magnifies the inefficiency typical of these firms.
e. the government may be forced to subsidize firms to keep them in business.
Answers: 1
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Monopolistically competitive firms are troublesome to regulate for all of the following reasons, EXC...
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