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  • Microeconmoics

    3.Is a high degree of market concentration a boon or threat to consumers? Explain. Use either the allocative efficiency or dynamic efficiency arguments. There have been several mergers of large firms within oligopolies. In this assignment, you are to assess the impact of those mergers, on industry, on consumers and on society as a whole. There are three parts to the assignment. •First, you are to go to the Federal Trade Commission's website at http://www.ftc.gov/bc/index.shtml

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    Essay Length: 433 Words / 2 Pages
    Submitted: April 24, 2011 By: ambrozino1979