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What is one major advantage of pure competition compared to an oligopoly?
A. Pure competition pressures producers to keep prices lower.
B. Pure competition takes greater advantage of economies of scale.
C. Pure competition allows for greater investment in research,
D. Pure competition is more easily regulated by the government.
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Respuesta :

21rosariob

Answer:

a. Pure competition pressures

Explanation: apex economics test 2.3.4 quiz

chilljain33

In a pure competition, the producers are obligated to put their prices lower and constant.

What is pure competition?

A market where there are a large number of buyers and sellers, and sell similar products, and there are no barriers to entry and exit of the buyers and sellers is known as a pure competition.

As the number of sellers are huge, the price is lower, as the producers do not have pricing power unlike a monopolistic market.

Hence, option A holds true regarding pure competition.

Learn more about pure competition here:

https://brainly.com/question/23544872

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