1. The book presents the perfectly competitive model as the foundation for economic analysis. a. How well...

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1. The book presents the perfectly competitive model as the foundation for economic analysis.

a. How well does the theory of perfect competition reflect the real world?

b. What role, if any, does the government have in promoting perfectly competitive markets?

c. What is the danger in the government’s intervening to promote competitive markets? (Austrian)

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Microeconomics

ISBN: 9780077501808

9th Edition

Authors: David Colander

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