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    Principles of Microeconomics
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    Exam 15: Monopolistic Competition
  5. Question
    In General, the Demand Curve Facing the Monopolistically Competitive Firm
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In General, the Demand Curve Facing the Monopolistically Competitive Firm

Question 203

Question 203

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In general, the demand curve facing the monopolistically competitive firm is more elastic than the demand curve facing the perfectly competitive firm.

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