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    Microeconomics Study Set 25
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    Exam 15: Monopolistic Competition and Product Differentiation
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    Since a Monopolistic Competitor Charges a Price Higher Than Marginal
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Since a Monopolistic Competitor Charges a Price Higher Than Marginal

Question 186

Question 186

True/False

Since a monopolistic competitor charges a price higher than marginal cost,there is a deadweight loss associated with monopolistic competition.

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