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    Microeconomics Principles Applications
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    Exam 11: Market Entry and Monopolistic Competition
  5. Question
    Monopolistic Competition Is NOT Characterized by
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Monopolistic Competition Is NOT Characterized by

Question 30

Question 30

Multiple Choice

Monopolistic competition is NOT characterized by


A) slightly different products.
B) many sellers.
C) firms with no control over price.
D) the absence of barriers to entry.

Correct Answer:

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