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    Principles of Microeconomics Study Set 10
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    Exam 16: Monopolistic Competition
  5. Question
    Select the Type of Market That Is Described by the Following
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Select the Type of Market That Is Described by the Following

Question 18

Question 18

Multiple Choice

Select the type of market that is described by the following attributes: many firms, differentiated products, and free entry.


A) natural monopoly
B) perfectly competition
C) monopolistic competition
D) monopoly

Correct Answer:

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