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    Business
  3. Study Set
    Principles of Microeconomics
  4. Exam
    Exam 11: Price and Output in Monopoly, Monopolistic Competition, and Perfect Competition
  5. Question
    Due to Small Profit Margins in Perfect Competition, It Is
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Due to Small Profit Margins in Perfect Competition, It Is

Question 26

Question 26

True/False

Due to small profit margins in perfect competition, it is argued that technological development may happen to a greater extent under oligopoly.

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