Why do economists regard imperfect competition as undesirable?
It leads to political dictatorships.
It allows firms to be less efficient producers.
It results in unfairly low prices.
It causes firms to lose money and move overseas.

Question

Why do economists regard imperfect competition as undesirable?
It leads to political dictatorships.
It allows firms to be less efficient producers.
It results in unfairly low prices.
It causes firms to lose money and move overseas.

anonymous · Answer

Well think, what would they be competing over?

anonymous · Answer

The answer is b. it allows firms to be less efficient producers

anonymous · Answer

It results in unfairly low prices.?

anonymous · Answer

you aren't really supposed to just give out answers like that @pielover123

anonymous · Answer

And no i dont think that is correct

anonymous · Answer

pielover123 is correct