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sinerus sinerus
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7 years ago
Which of the following is a characteristic of a monopolistically competitive market?
   I.   Firms sell differentiated products.
   II.   Each firm earns a positive economic profit in the long-run.
   III.   Firms freely enter and exit the market.
A) II only
B) I and II only
C) I and III only
D) I, II, and III
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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Quinn1981Quinn1981
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7 years ago
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sinerus Author
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7 years ago
This helped my grade so much Perfect
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this is exactly what I needed
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