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    International Economics Study Set 9
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    Exam 6: Increasing Returns to Scale and Monopolistic Competition
  5. Question
    Which of the Following Features Is Characteristic of Monopolistic Competition
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Which of the Following Features Is Characteristic of Monopolistic Competition

Question 117

Question 117

Multiple Choice

Which of the following features is characteristic of monopolistic competition?


A) only one producer
B) homogeneous products
C) differentiated products
D) No individual producer has any influence on the market price.

Correct Answer:

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