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    Principles of Microeconomics Study Set 10
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    Exam 16: Monopolistic Competition
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    Which of the Following Is a Characteristic of Monopolistic Competition
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Which of the Following Is a Characteristic of Monopolistic Competition

Question 259

Question 259

Multiple Choice

Which of the following is a characteristic of monopolistic competition?


A) ownership of a key resource by a single firm
B) free entry
C) identical product
D) patents

Correct Answer:

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