Compare the efficiency outcomes of the model of perfect competition with that of monopoly markets.

Compare the efficiency outcomes of the model of perfect competition with that of monopoly markets. Discuss and evaluate the government policy that could increase the level competition in the economy CLICK HERE…….

What are the two most important things to remember about our government and how can I apply that knowledge in the future?

The competitive market system encourages innovation andtechnological advance, primarily through:

A) the government’s tax code

B) the process of “dollar voting”

C) the guiding function of consumer needs and preferences

D) profitable returns to innovative firms

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