Monopolies in successive markets result in
A) a double markup for consumers.
B) more output than if the input market is competitive.
C) a lower output price than if the input market is competitive.
D) All of the above.
A
Economics
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What happens when a market is in disequilibrium and prices are flexible?
A. The price will change. B. The price stays the same. C. The government sets the price. D. The supply or demand will change.
Economics
When a country imposes tariffs, intending to protect domestic firms from foreign competition, it is pursuing _______–oriented policies
Fill in the blank(s) with correct word
Economics