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A lack of competition among firms usually results in a dead-weight loss. True False

A lack of competition among firms usually results in a dead-weight loss. True False
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2 votes
A lack of competition among firms usually results in a dead-weight loss.
True
False

asked
User Yshchohaleu
by
8.2k points

1 Answer

5 votes
True, a lack of surplus would be generated in this situation meaning it would cause a deadweight loss compared to more competitive firms.
answered
User Tiamat
by
8.0k points
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