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Can anyone please help with these 2 Economics Questions?Question 1) The deadweight loss that’s associated with monopolistically competitive markets is a result of...A. operating in a constant-cost industry.B. advertising costs.C. pricing below marginal cost in order to increase market share.D. pricing above marginal cost.Question 2) The practice of selling a product to retailers and requiring the retailers to charge a specific price for the product is called...A. fixed retail pricing. C. resale price maintenance.B. unfair trade. D. cost-plus pricing.
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