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The theory of oligopoly providesa reason as to why a. perfect competition is not

ID: 1253753 • Letter: T

Question

The theory of oligopoly providesa reason as to why a. perfect competition is not a useful object of study b.price is less than marginal cost for many firms c. all countries can benefit from free trade amongnations. d.firms do not want to capture larger shares of theirmarket. The theory of oligopoly providesa reason as to why a. perfect competition is not a useful object of study b.price is less than marginal cost for many firms c. all countries can benefit from free trade amongnations. d.firms do not want to capture larger shares of theirmarket.

Explanation / Answer

C. all countries can benefit from free trade among nations.