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Question1. Other than economies of scale, what would you think to be fence to entry into a market? Are these fence the similar for all market structures? Explain your response.

Question2. How does globalization lead to greater competition in the marketplace?

Question3. Explain three oligopoly pricing models:
a. the kinked-demand curve
b. collusive pricing
c. price leadership

 

International Economics, Economics

  • Category:- International Economics
  • Reference No.:- M9310518

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