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    Economics Principles and Policy Study Set 2
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    Exam 13: Between Competition and Monopoly
  5. Question
    Monopolistic Competition Has at Least One Similarity to Perfect Competition
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Monopolistic Competition Has at Least One Similarity to Perfect Competition

Question 155

Question 155

True/False

Monopolistic competition has at least one similarity to perfect competition: firms are free to enter and leave the industry.

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