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Other Fields Homework Help Economics Topic started by: Tragamin on Dec 28, 2017



Title: Which statement is true? (Multiple Choice)
Post by: Tragamin on Dec 28, 2017
Which statement is true?
A) Oligopoly demand is more inelastic than for monopoly.
B) Oligopoly demand is more elastic than for perfect competition.
C) Monopolistic competition usually has economies of scale.
D) Monopolistic competition elasticity of demand is closer to perfect competition than to monopoly.
E) Monopolistic competition pricing power is closer to monopoly than to perfect competition.


Title: Re: Which statement is true?
Post by: holyman on Dec 28, 2017
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