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    Microeconomics Study Set 25
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    Exam 15: Monopolistic Competition and Product Differentiation
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    Industries That Are Made Up of Many Competing Producers,each Selling
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Industries That Are Made Up of Many Competing Producers,each Selling

Question 77

Question 77

Multiple Choice

Industries that are made up of many competing producers,each selling a differentiated product,and whose firms earn zero economic profits in the long run are:


A) perfectly competitive.
B) monopolies.
C) oligopolies.
D) monopolistically competitive.

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