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Assignment: Current Examples of Market Structures Module Overview Mostly consumers benefit from competition through greater choices and lower prices. However, not all markets are equally competitive. Consider the airline industry. Would prices of commercial aircraft—and eventually the cost of travel—come down if six or ten international companies competed for the business instead of just two? Perhaps. However, would it make sense for the new companies […]

Assignment: Current Examples of Market Structures Module Overview Mostly consumers benefit from competition through greater choices and lower prices. However, not all markets are equally competitive. Consider the airline industry. Would prices of commercial aircraft—and eventually the cost of travel—come down if six or ten international companies competed for the business instead of just two? Perhaps. However, would it make sense for the new companies […]

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