In the figure above, ________ is a technologically efficient point
A) d
B) f
C) g
D) None of the selections is correct.
A
Economics
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An advantage of a partnership is that they:
a. have unlimited life b. never fail due to disagreements c. can attract financial capital easier d. have limited liability
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Which of the following is a characteristic of an oligopolistic market structure?
A) There are few dominant sellers. B) Each firm sells a unique product. C) Each firm need not react to the actions of rivals. D) It is easy for new firms to enter the industry.
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