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    Business
  3. Study Set
    Micro economics 2
  4. Exam
    Exam 14: The Economics of Monopolistic Competition and Monopoly
  5. Question
    The Elasticity of Average Revenue Curve of the Monopolistic Competitor
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The Elasticity of Average Revenue Curve of the Monopolistic Competitor

Question 8

Question 8

Multiple Choice

The elasticity of average revenue curve of the monopolistic competitor, depends on


A) The extent of product differentiation
B) The number of firms
C) Number of buyers
D) Both A & B

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