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    Economics for Today Study Set 6
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    Exam 10: Monopolistic Competition and Oligopoly
  5. Question
    The Monopolistic Competition Market Structure Is Characterized By
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The Monopolistic Competition Market Structure Is Characterized By

Question 23

Question 23

Multiple Choice

The monopolistic competition market structure is characterized by:


A) few firms and similar products.
B) many firms and differentiated products.
C) many firms and a homogeneous product.
D) few firms and a homogeneous product.

Correct Answer:

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