old, inefficient activities driven out of business by competition Match each term with its correct definition by
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old, inefficient activities driven out of business by competition Match each term with its correct definition by placing the appropriate letter next to the corresponding number.
A. commodity G. sunk cost B. perfect competition H. economies of scale C. differentiated I. diseconomies of D. monopolistic scale competition J. consumer surplus E. monopoly K. deadweight loss F. price takers L. creative destruction
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