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    Principles of Microeconomics Study Set 10
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    Exam 16: Monopolistic Competition
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    Monopolistic Competition Is Characterized by Which of the Following Attributes
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Monopolistic Competition Is Characterized by Which of the Following Attributes

Question 118

Question 118

Multiple Choice

Monopolistic competition is characterized by which of the following attributes? (i)
Free entry
(ii)
Product differentiation
(iii)
Many sellers


A) (i) and (iii) only
B) (i) and (ii) only
C) (ii) and (iii) only
D) (i) , (ii) , and (iii)

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