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    Exam 14: Monopolistic Competition
  5. Question
    Which of the Following Is NOT a Characteristic of Monopolistic
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Which of the Following Is NOT a Characteristic of Monopolistic

Question 99

Question 99

Multiple Choice

Which of the following is NOT a characteristic of monopolistic competition?


A) A large number of firms compete.
B) Entry and exit is restricted.
C) Firms compete on product quality.
D) Firms compete on price.

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