English, 27.08.2019 03:20 misslux

2points
which of the following describes a situation where monopolistic competition
exists?
o
a. when many producers are selling slightly differentiated products.
o
b. when a single producer is the only one selling a good or service
with no close substitutes.
c. when fewer than five producers command the entire market for a
certain good or service.
o
d. when there is a small number of producers selling identical
products.

Answers: 2

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which of the following describes a situation where monopolistic competition
exis...

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