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Data-Based Decisions – Car Purchase Scenario

Data-Based Decisions – Car Purchase Scenario For this assignment, I chose the car purchase scenario. Suppose I want to purchase a small SUV whose price is $30,000 at an interest rate of 6%....

Monopolies and Monopolistic Competition

Monopolies and Monopolistic Competition Monopolistic Inefficiencies One of the inefficiencies that derive from a monopoly is allocative inefficiency. It refers to the situation when the consumer is...