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One of the ways in which monopolistic competitors differ from perfect competitors is that

renielle

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One of the ways in which monopolistic competitors differ from perfect competitors is that

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perfect competitors produce the quantity of output at which marginal revenue equals marginal cost and monopolistic competitors do not.

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perfect competitors produce a homogeneous product and monopolistic competitors do not.

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there is easy entry and exit for a perfect competitor, but not for a monopolistic competitor.

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a and c

▸

b and c

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Economics

Edition: 12^th

Author: Arnold

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darlena

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More solutions for this book are available here

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renielle Author

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This helped my grade so much Perfect

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