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    Principles of Microeconomics Study Set 10
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    Exam 16: Monopolistic Competition
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    Under Which of the Following Market Structures Would Consumers Likely
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Under Which of the Following Market Structures Would Consumers Likely

Question 463

Question 463

Multiple Choice

Under which of the following market structures would consumers likely pay the highest price for a product?


A) perfect competition
B) monopolistic competition
C) oligopoly
D) monopoly

Correct Answer:

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