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Business, 24.10.2021 05:30 whitakers87
Which of the following is NOT true of the industrial organization (IO) economics model?
a. Industry structure determines firm conduct (strategy), which determines firm performance.
b. Original goal - help regulators set policy to minimize the ability of firms to earn excess profits.
c. Strategists use the IO model to try to earn above-average returns (excess profits).
d. All of the above are NOT true.
e. All of the above ARE true.
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Which of the following is NOT true of the industrial organization (IO) economics model?
a. Industr...
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