The Number of Efficient Plants Compatible with Domestic Consumption of the Refrigerator

question 42

Multiple Choice

The number of efficient plants compatible with domestic consumption of the refrigerator industry in Sweden is 0.7. Which of the following implications is(are) correct?

• A) In the absence of imports, the refrigerator industry in Sweden is monopolistic.
• B) The refrigerator industry in Sweden is perfectly competitive.
• C) The refrigerator industry in Sweden is monopolistically competitive.
• D) None of the answers is correct.

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