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Inadequate competition can lead to: a.

a competitive marketplace. c. mobility of resources. b. market f...

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Inadequate competition can lead to: a.

a competitive marketplace.
c.
mobility of resources.
b. market failure.
d.
lower prices and more output.

Answer

B. Market Failure.
in fact one of the market failure is the instauration of a monopoly or oligopoly

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Virtual Teaching Assistant: Colleen R.
Question Level: Basic
Karma: Free
Upload Date: 5/31/2017

This 22 words question was answered by Colleen R. on StudySoup on 5/31/2017. The question contains content related to Business Since its upload, it has received 154 views.

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