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    Microeconomics Study Set 40
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    Exam 15: Monopolistic Competition and Product Differentiation
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    The Conditions for Profit Maximization and the Analysis of Short-Run
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The Conditions for Profit Maximization and the Analysis of Short-Run

Question 35

Question 35

True/False

The conditions for profit maximization and the analysis of short-run equilibrium are identical for monopoly and for a monopolistically competitive firm.False

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