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Answer to Question #221268 in Microeconomics for darily

Question #221268
In which of the following industries do firms set prices?
a. competitive markets, but not monopoly markets
b. monopoly markets, but not competitive markets
c. competitive and monopoly markets
d. neither competitive nor monopoly markets
1
Expert's answer
2021-08-02T10:46:04-0400

b. Monopoly markets , but not competitive markets


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