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Which of the Following Firms Are in a Monopolistically Competitive

Question 282

Multiple Choice

Which of the following firms are in a monopolistically competitive market?


A) the many retail firms such as JCPenney, Macys, The Gap, and so on
B) the sole local providers of electricity, such as Kansas Power and Light, or Pacific Gas and Electric
C) the many farmers that grow wheat
D) the cell phone service firms such as Verizon, Sprint, AT&T

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