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A few dominant airlines control the air-travel industry, and it is very difficult for another firm to make changes in the market. This is an
A few dominant airlines control the air-travel industry, and it is very difficult for another firm to make changes in the market. This is an example of Question 8 options: A) oligopolistic competition. B) pure competition. C) monopoly. D) loss-leader pricing
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Core Macroeconomics
Authors: Eric Chiang
3rd edition
978-1429278478, 1429278471, 978-1429278492, 1429278498, 1464191433, 978-1464191435
