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    Microeconomics Study Set 2
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    Exam 13: Monopolistic Competition: the Competitive Model in a More Realistic Setting
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    In the United States, the Average Person Mostly Patronizes Firms
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In the United States, the Average Person Mostly Patronizes Firms

Question 12

Question 12

Multiple Choice

In the United States, the average person mostly patronizes firms that operate in


A) perfectly competitive markets.
B) monopolistically competitive markets.
C) oligopoly markets.
D) monopoly markets.

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