Which statement is true? a) Perfect competition in the college textbook publishing industry has kept prices constant.

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Which statement is true? 

a) Perfect competition in the college textbook publishing industry has kept prices constant.

b) The college textbook publishing industry is highly oligopolized .

c) If it were not for the sale of used books, college textbook publishers would make much smaller profits.

d) Because college textbooks are often accompanied by supplements, this has tended to keep their prices down.

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Microeconomics

ISBN: 9780077641542

11th Edition

Authors: Stephen Slavin

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