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    Economics Principles and Policy Study Set 2
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    Exam 13: Between Competition and Monopoly
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    Which of the Following Is Not a Requirement for the Existence
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Which of the Following Is Not a Requirement for the Existence

Question 98

Question 98

Multiple Choice

Which of the following is not a requirement for the existence of monopolistic competition in a market?


A) Numerous small sellers
B) Full information about the market among buyers and sellers
C) Product homogeneity
D) Freedom of entry into the market

Correct Answer:

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