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When Weighing the Efficiency of Monopolistic Competition, Which of the Following

Question 7

Multiple Choice

When weighing the efficiency of monopolistic competition, which of the following should be considered? i. The information provided by advertising.
Ii) Product variety.
Iii) The extra cost of excess capacity.


A) i, ii and iii
B) ii only
C) ii and iii
D) i and iii
E) iii only

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