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20 September, 21:53

The term market structure refers to

Question 16 options:

the theoretical characteristics of firms in different industries.

the profit-maximizing behavior of firms that use marginal analysis.

the nature and degree of competition among firms in the same industry.

the theoretical characteristics of firms in the same industry

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Answers (1)
  1. 20 September, 22:13
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    C. The nature and degree of competition among firms in the same industry.

    Explanation:

    read it in my text book
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