What are the characteristics of a competitive market? Which of the following drinks do you think is

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What are the characteristics of a competitive market?

Which of the following drinks do you think is best described by these characteristics? Why aren’t the others?

a. tap water

b. bottled water

c. cola

d. beer.

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Economics

ISBN: 9781408093795

3rd Edition

Authors: Mark P. Taylor, N. Gregory Mankiw

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