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    International Economics Study Set 10
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    Exam 6: Increasing Returns to Scale and Monopolistic Competition
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    Which of the Following Is NOT Characteristic of a Monopolistically
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Which of the Following Is NOT Characteristic of a Monopolistically

Question 109

Question 109

Multiple Choice

Which of the following is NOT characteristic of a monopolistically
Competitive industry?


A) monopoly profits
B) many firms in the industry
C) differentiated products
D) Individual firms can influence the market price.

Correct Answer:

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