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22. A situation in which purchases do not occur because the value the potential seller places on the good exceeds the value a potential consumer places on the good will occur in: A) a market dominated by government regulation. B) well-functioning markets. C) a market made up of many buyers and sellers. D) a centralized market system.

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19 Jun 2018
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Related questions

15) Which one of the following does not occur in perfect competition? A) Sellers and buyers are well informed about prices. B) No single firm can exert a significant influence on the market price of the good. C) Established firms have no advantage over new ones. D) There are significant restrictions on entry into the market. E) There are many buyers.

15) Which one of the following does not occur in perfect competition? A) Sellers and buyers are well informed about prices. B) No single firm can exert a significant influence on the market price of the good, Established firms have no advantage over new ones. D) There are significant restrictions on entry into the market. E) There are many buyers

20) Which one of the following does not occur in perfect competition? A) No single firm can exert a significant influence on the market price of the good. B) There are many buyers. Sellers and buyers are well informed about prices. D) Established firms have no advantage over new ones. E) There are significant restrictions on entry into the market.

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