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Compared to a monopolistic competitor, a monopolist produces a good with __________ substitutes and ...

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Compared to a monopolistic competitor, a monopolist produces a good with __________ substitutes and ...

Compared to a monopolistic competitor, a monopolist produces a good with __________ substitutes and so has a __________ elastic demand curve.

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fewer; more

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fewer; less

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more; more

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more; less

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Economics

Edition: 12^th

Author: Arnold

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