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    Exam 11: The World of Imperfect Competition
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    Monopolistic Competition Within an Industry Results In
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Monopolistic Competition Within an Industry Results In

Question 61

Question 61

Multiple Choice

Monopolistic competition within an industry results in:


A) overutilization of plants.
B) chronic excess capacity.
C) less advertising than in perfect competition.
D) lower prices than in perfect competition.

Correct Answer:

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