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Real GDP
schools
the sole provider for a good or service
control monopoly power and to preserve and promote competition
a good/service that can be used by more than one person for example the sidewalk
is GDP after the distortions caused by price increases have been removed.
is a business owned by one person
sidewalks
an action that has harmful side effects
A monopoly is
schools
the sole provider for a good or service
control monopoly power and to preserve and promote competition
a good/service that can be used by more than one person for example the sidewalk
is GDP after the distortions caused by price increases have been removed.
is a business owned by one person
sidewalks
an action that has harmful side effects
A sole propriatorship is
schools
the sole provider for a good or service
control monopoly power and to preserve and promote competition
a good/service that can be used by more than one person for example the sidewalk
is GDP after the distortions caused by price increases have been removed.
is a business owned by one person
sidewalks
an action that has harmful side effects
Which is NOT a type of business
schools
the sole provider for a good or service
control monopoly power and to preserve and promote competition
a good/service that can be used by more than one person for example the sidewalk
is GDP after the distortions caused by price increases have been removed.
is a business owned by one person
sidewalks
an action that has harmful side effects
Which is NOT an example of a PRIVATE good
schools
the sole provider for a good or service
control monopoly power and to preserve and promote competition
a good/service that can be used by more than one person for example the sidewalk
is GDP after the distortions caused by price increases have been removed.
is a business owned by one person
sidewalks
an action that has harmful side effects
A negative externality result from
schools
the sole provider for a good or service
control monopoly power and to preserve and promote competition
a good/service that can be used by more than one person for example the sidewalk
is GDP after the distortions caused by price increases have been removed.
is a business owned by one person
sidewalks
an action that has harmful side effects
a public good is
schools
the sole provider for a good or service
control monopoly power and to preserve and promote competition
a good/service that can be used by more than one person for example the sidewalk
is GDP after the distortions caused by price increases have been removed.
is a business owned by one person
sidewalks
an action that has harmful side effects
the goal of Antitrust laws is to
schools
the sole provider for a good or service
control monopoly power and to preserve and promote competition
a good/service that can be used by more than one person for example the sidewalk
is GDP after the distortions caused by price increases have been removed.
is a business owned by one person
sidewalks
an action that has harmful side effects
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