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in Market and Consumer Protection by (50.0k points)
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Fill in the blanks:

1. There has to more than one buyer or seller for the market to be ......... 

2. In a ........ market, the supply can be changed easily by scaling production. 

3. In a ........... market, there is no system of credit.

4. The stock market is a highly ....... market.

5. The term monopolistic competition was given by .......

1 Answer

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Best answer

1. Competitive 

2. Long period 

3. spot 

4. regulated 

5. Prof Edward H. Chamberlin

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