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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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    A Perfectly Competitive Firm and a Monopolistically Competitive Firm Are
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A Perfectly Competitive Firm and a Monopolistically Competitive Firm Are

Question 85

Question 85

Multiple Choice

A perfectly competitive firm and a monopolistically competitive firm are similar in each of the following respects except


A) each has many buyers and sellers.
B) firms sell homogeneous products in both markets.
C) in having perfect information.
D) for freedom of exit and entry.

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