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    Microeconomics Principles
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    Exam 11: Monopolistic Competition and Oligopoly
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    When There Are Many Buyers and Sellers,no Significant Barriers to Entry,and
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When There Are Many Buyers and Sellers,no Significant Barriers to Entry,and

Question 54

Question 54

Multiple Choice

When there are many buyers and sellers,no significant barriers to entry,and a differentiated product,the market structure is called


A) an oligopoly
B) perfect competition
C) monopolistic competition
D) a monopoly
E) unbalanced monopoly

Correct Answer:

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