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    Microeconomics Study Set 44
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    Exam 15: Monopolistic Competition and Product Differentiation
  5. Question
    The Hamburger Industry Has Some Differentiation and Many Firms
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The Hamburger Industry Has Some Differentiation and Many Firms

Question 4

Question 4

True/False

The hamburger industry has some differentiation and many firms. This suggests that the hamburger industry is more oligopolistic than monopolistically competitive.

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