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    Exam 14: Monopolistic Competition and Product Differentiation
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    The SRAS Would Be Vertical
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The SRAS Would Be Vertical

Question 144

Question 144

Multiple Choice

The SRAS would be vertical:


A) ​if there was no profit effect.
B) ​if there was no misperception effect.
C) ​if there was no profit effect or misperception effect.
D) ​under no conceivable set of circumstances.

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