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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
    In Which of the Following Industries Are the Firms Price-Takers
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In Which of the Following Industries Are the Firms Price-Takers

Question 86

Question 86

Multiple Choice

In which of the following industries are the firms price-takers?


A) monopoly
B) monopolistically competitive
C) monopoly and monopolistically competitive
D) perfectly competitive
E) perfectly competitive and monopolistically competitive

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