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    Principles of Microeconomics
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    Exam 15: Monopolistic Competition
  5. Question
    Since a Monopolistically Competitive Firm Has a Monopoly Over the Particular
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Since a Monopolistically Competitive Firm Has a Monopoly Over the Particular

Question 111

Question 111

True/False

Since a monopolistically competitive firm has a monopoly over the particular product it produces, the firm is guaranteed a profit in the long run.

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