Which of the following is a condition of pure competition?
a) Products produced by rival business are perfect substitutes.
b) individual firms can affect the money supply of competitors.
c) entry and exit of the free market is heavily restricted.
d) Business are able to beat out all similar type companies
Answers: 3
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Define war and culture and the relationship between the two, based on lee’s chapter entitled “warfare and culture,” with a minimum of 150 words and use of our course materials as support. (6 points)
Answers: 1
Which of the following is a condition of pure competition?
a) Products produced by rival business a...
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