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  3. Study Set
    Principles of Microeconomics
  4. Exam
    Exam 11: Price and Output in Monopoly, Monopolistic Competition, and Perfect Competition
  5. Question
    The Primary Contribution of the Theory of Monopolistic Competition Is
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The Primary Contribution of the Theory of Monopolistic Competition Is

Question 144

Question 144

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The primary contribution of the Theory of Monopolistic Competition is the rationale it provides for product differentiation and advertising.

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