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    Principles of Economics Study Set 12
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    Exam 11: Product Differentiation, Monopolistic Competition, and Oligopoly
  5. Question
    For a Monopolistically Competitive Firm, the Demand Curve Is More
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For a Monopolistically Competitive Firm, the Demand Curve Is More

Question 138

Question 138

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For a monopolistically competitive firm, the demand curve is more elastic in the long run than in the short run.

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