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    Principles of Economics
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    Exam 17: Monopolistic Competition
  5. Question
    Which of the Following Conditions Distinguishes Monopolistic Competition from Perfect
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Which of the Following Conditions Distinguishes Monopolistic Competition from Perfect

Question 5

Question 5

Multiple Choice

Which of the following conditions distinguishes monopolistic competition from perfect competition?


A) The number of sellers in the market
B) The freedom of entry and exit by firms in the market
C) The size of firms in the market
D) Product differentiation

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