Multiple Choice
The monopolistic competitor is a price
A) taker, because of the many buyers and sellers in the market.
B) searcher, because of product differentiation.
C) taker, because of identical products.
D) searcher, because of the few buyers and sellers in the market.
E) searcher, because of the few buyers and sellers in the market and product differentiation.
Correct Answer:
Verified
Correct Answer:
Verified
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