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  3. Study Set
    Principles of Microeconomics
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    Exam 15: Monopolistic Competition
  5. Question
    Which of the Following Is a Characteristic of Monopolistically Competitive
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Which of the Following Is a Characteristic of Monopolistically Competitive

Question 29

Question 29

Multiple Choice

Which of the following is a characteristic of monopolistically competitive industries?


A) significant barriers to entry
B) strategic behavior
C) product differentiation
D) a small number of firms

Correct Answer:

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