Which of the Following Market Structures Will Have Higher Prices

question 35

Multiple Choice

Which of the following market structures will have higher prices in the long run than perfect competition,ceteris paribus?

• A)Monopolistic competition and monopoly,but not oligopoly.
• B)Oligopoly and monopoly,but not monopolistic competition.
• C)Monopoly,but not oligopoly or monopolistic competition.
• D)Monopolistic competition,monopoly,and oligopoly.

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Definitions:

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The movement of over six million African Americans from the rural Southern United States to the urban Northeast, Midwest, and West from approximately 1916 to 1970, seeking better jobs and living conditions.

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