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History, 11.10.2019 14:30 shondra20

Amajor characteristic of monopolistic competition is that prices will be

a. higher than in perfect competition.

b. lower than in perfect competition.

c. higher than in a true monopoly.

d. unrelated to the type of competition.

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Answers: 1

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Amajor characteristic of monopolistic competition is that prices will be

a. higher than...
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