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Which from the following are the results of imperfect competition in the markets?

August 5, 2024August 5, 2024 CSS MPT Economics MCQs FPSC NTS PPSC Past Papers Economy Test Questions

(A) Monopolies
(B) Externalities
(C) Public goods
(D) All of the above

The answer is: (D) All of the above

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When one event occurred before another event, the fallacy in economic reasoning that the first event caused the second event is called
When no firm or consumer is large enough to affect the market price, the market is assumed to have

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