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  3. Study Set
    Understanding Modern Economics
  4. Exam
    Exam 7: In Between the Extremes: Imperfect Competition  
  5. Question
    Both the Perfect Competitor and the Monopolistic Competitor Produce at the Point
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Both the Perfect Competitor and the Monopolistic Competitor Produce at the Point

Question 14

Question 14

True/False

Both the perfect competitor and the monopolistic competitor produce at the point where price equals marginal cost.

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