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    Principles of Microeconomics
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    Exam 12: Price and Output Determination Under Oligopoly
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    A "Sticky Price" Model Has Its Primary Characteristic (I
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A "Sticky Price" Model Has Its Primary Characteristic (I

Question 177

Question 177

Multiple Choice

A "sticky price" model has its primary characteristic (i.e., sticky prices) due to


A) barriers to entry
B) a monopoly situation
C) differentiated products
D) too many competitors
E) a gap in marginal revenue curve

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