mouse23muse
mouse23muse mouse23muse
  • 02-04-2019
  • Business
contestada

do you think that the dairy industry is an example of a purely competitive market?​

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Jenner1256
Jenner1256 Jenner1256
  • 02-04-2019
Normally purely competitive markets are luxuries. Dairy is necessary for children and adults to get their daily calcium and vitamin d (among other things). In the current market, families can choose vegan, vegetarian, or non-lactose choices for milk, ice cream, etc. Essentially this product is regulated by the government and maintains a low cost even when other “necessary” items go up.

Jmo
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