clevon496 clevon496
  • 24-09-2017
  • Business
contestada

If there is a lack of competition in a market, a market failure results because the quantity of goods sold is ___ than the optimal level while prices are ___ than the optimal level.

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nparsontoxd1x8 nparsontoxd1x8
  • 05-10-2017
goods sold is lower because less competition and then they price it higher because consumers don't have options. 
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