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    Economics Today Study Set 1
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    Exam 25: Monopolistic Competition
  5. Question
    The Demand Curve Faced by a Monopolistically Competitive Firm Is
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The Demand Curve Faced by a Monopolistically Competitive Firm Is

Question 148

Question 148

Multiple Choice

The demand curve faced by a monopolistically competitive firm is


A) horizontal.
B) vertical.
C) downward sloping.
D) upward or downward sloping depending on market competition.

Correct Answer:

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