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In ________ Market Structure, a Firm's Output Depends ________

Question 119

Multiple Choice

In ________ market structure, a firm's output depends ________.


A) an oligopoly; only on its own marginal revenue and marginal cost curves
B) a monopolistically competitive; in part on its competitors' price and quantity decisions
C) an oligopoly; in part on its competitors' price and quantity decisions
D) a monopolistically competitive; only on its marginal revenue curve

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