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A Monopolistic Competitor's Demand Curve Is

Question 8

Multiple Choice

A monopolistic competitor's demand curve is


A) perfectly elastic
B) less elastic than a monopolist's or oligopolist's but more elastic than a perfect competitor's
C) as elastic as an oligopolist's
D) more elastic than a monopolist's or oligopolist's but less elastic than a perfect competitor's
E) perfectly inelastic

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