Among monopoly, oligopoly, monopolistic competition, and perfect competition, how would you classify the markets for each of

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Among monopoly, oligopoly, monopolistic competition, and perfect competition, how would you classify the markets for each of the following drinks?
a. Tap water
b. Bottled water
c. Cola
d. Beer

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Principles of economics

ISBN: 978-0538453042

6th Edition

Authors: N. Gregory Mankiw

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Question Posted: Dec 14, 2012 07:01 AM

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Among monopoly, oligopoly, monopolistic competition, and perfect competition, how would you classify the markets for each of

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a Tap water is a perfectly competitive market because there are many taps and the product does not ...View the full answer

Principles of economics

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