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23 April, 08:47

Which market type is most beneficial to consumers?

A. monoply

B. oligopy

C. purely competitive

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Answers (1)
  1. 23 April, 11:02
    0
    What to consumers want? they want:

    1) good quality

    2) cheap prize

    These two are best achieved if many producers compete for their products being chosen, which is the case in a competetive market - so the correct answer is C!

    Monopolies and oligopolies rather protect the producers, not the consumers.
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