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  3. Study Set
    Microeconomics Australia
  4. Exam
    Exam 16: Monopolistic Competition
  5. Question
    Which of the Following Is NOT a Characteristic of Monopolistic
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Which of the Following Is NOT a Characteristic of Monopolistic

Question 69

Question 69

Multiple Choice

Which of the following is NOT a characteristic of monopolistic competition?


A) No barriers to entry or exit
B) Small market share
C) Few firms compete
D) Easy entry and exit
E) Differentiated product

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