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    Principles of Microeconomics Study Set 3
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    Exam 12: Monopolistic Competition and Advertising
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    The Shape And/or Slope of the Marginal Revenue Curve Under
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The Shape And/or Slope of the Marginal Revenue Curve Under

Question 26

Question 26

Multiple Choice

The shape and/or slope of the marginal revenue curve under monopolistic competition is


A) U-shaped.
B) horizontal.
C) vertical.
D) upward-sloping.
E) downward-sloping and steeper than the demand curve.

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