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Other Fields Homework Help Economics Topic started by: Loraine on Jun 21, 2015



Title: What does monopolistic competition have in common with perfect competition?
Post by: Loraine on Jun 21, 2015
What does monopolistic competition have in common with perfect competition?
A) a large number of firms and freedom of entry and exit
B) a standardized product
C) product differentiation
D) the ability to earn an economic profit in the long run
E) barriers to exit but no barriers to entry


Title: Re: What does monopolistic competition have in common with perfect competition?
Post by: VincenzoD on Jul 24, 2015
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