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    Microeconomics Study Set 25
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    Exam 15: Monopolistic Competition and Product Differentiation
  5. Question
    As Product Differentiation Increases,the Price Elasticity of Demand Falls and the Firm
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As Product Differentiation Increases,the Price Elasticity of Demand Falls and the Firm

Question 42

Question 42

True/False

As product differentiation increases,the price elasticity of demand falls and the firm increases its market power.

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