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    Economics Today Study Set 1
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    Exam 25: Monopolistic Competition
  5. Question
    Compared with a Monopolist, the Demand Curve Faced by a Monopolistically
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Compared with a Monopolist, the Demand Curve Faced by a Monopolistically

Question 65

Question 65

Multiple Choice

Compared with a monopolist, the demand curve faced by a monopolistically competitive firm is


A) more elastic.
B) more inelastic.
C) perfectly elastic.
D) perfectly inelastic.

Correct Answer:

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