Imperfectly competitive markets offer better use of resources (comparative advantage exists) than perfect competition. Can you think
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Imperfectly competitive markets offer better use of resources (comparative advantage exists) than perfect competition. Can you think of the reason(s) why? [HINT: economies of scale]
Related Book For
Management Accounting
ISBN: 9780730369387
4th Edition
Authors: Leslie G. Eldenburg, Albie Brooks, Judy Oliver, Gillian Vesty, Rodney Dormer, Vijaya Murthy, Nick Pawsey
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