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    Economics Principles and Policy Study Set 2
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    Exam 13: Between Competition and Monopoly
  5. Question
    Which of the Following Conditions Distinguishes Monopolistic Competition from Perfect
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Which of the Following Conditions Distinguishes Monopolistic Competition from Perfect

Question 50

Question 50

Multiple Choice

Which of the following conditions distinguishes monopolistic competition from perfect competition?


A) Number of sellers
B) Freedom of entry and exit
C) Perfect information
D) Homogeneity of the product

Correct Answer:

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