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Which market structure do you think best describes the market for Vodka? Grey Goose vodka has a higher price than many other vodkas. Based on

  1. Which market structure do you think best describes the market for Vodka?
  2. Grey Goose vodka has a higher price than many other vodkas. Based on the video do you think this higher price is because the vodka is better or because it had better advertising than other vodkas?
  3. How much did Bacardi pay to acquire Grey Goose?

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