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16. Demand is Enter answer. based, whereas supply is Enter answer. based. 17. Typically, a sharp increase in demand for goods/services leads to an Enter

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16. Demand is Enter answer. based, whereas supply is Enter answer. based. 17. Typically, a sharp increase in demand for goods/services leads to an Enter answer.in price. 18. Typically, a large surplus in supply of goods/services results in a Enter answer. in price. 19. Give me example of each of the following: BUS 1100 a. Perfect Competition Enter answer. b. Monopolistic Competition Enter answer. c. Oligopoly Enter answer. d. Monopoly Enter answer. 20. Define productivity. Enter answer. 21. Why is 'doing the right thing' sometimes difficult? Enter answer. 22. Does every country in the world operate under the same code of ethics? Enter answer. 23. What happened at Enron? Enter answer. 24. What legislative act was enacted as a consequence of the Enron scandal? Enter

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