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    Microeconomics Study Set 25
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    Exam 15: Monopolistic Competition and Product Differentiation
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    Because Most Communities Have a Large Number of Similar but Not
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Because Most Communities Have a Large Number of Similar but Not

Question 64

Question 64

Multiple Choice

Because most communities have a large number of similar but not identical substitutes,the market for financial planners is BEST considered to be:


A) a monopoly.
B) an oligopoly.
C) perfect competition.
D) monopolistically competitive.

Correct Answer:

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