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Which of the following would most likely occur in a market with high start-up costs? Choose 1 answer: Choose 1 answer: (Choice A) many firms
Which of the following would most likely occur in a market with high start-up costs? Choose 1 answer: Choose 1 answer: (Choice A) many firms earning economic losses A many firms earning economic losses (Choice B) few firms and price lower than marginal revenue B few firms and price lower than marginal revenue (Choice C) many firms and prices lower than marginal revenue C many firms and prices lower than marginal revenue (Choice D) few firms with a price equal to marginal cost D few firms with a price equal to marginal cost (Choice E) fewer firms and prices higher than marginal cost E fewer firms and prices higher than marginal cost
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