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Order the market structures according to the level of prices you would expect. Then, order them according to the level of quantity you would expect.
Order the market structures according to the level of prices you would expect. Then, order them according to the level of quantity you would expect. Highest price Lowest price Answer Bank Monopolistic competition Entry deterrence Duopoly without collusion Highest quantity Lowest quantity Answer Bank Cartel Cartel Entry deterrence Monopolistic competition Duopoly without collusion
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