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Loraine Loraine
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Posts: 4563
9 years ago
Monopolistic competition is a market structure in which
A) firms face barriers to entry.
B) a large number of firms compete.
C) firms produce and sell an identical product.
D) firms face perfectly elastic demand for their product.
E) the firms have no ability to influence the price of their product.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 205 times
1 Reply
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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VincenzoDVincenzoD
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Posts: 1913
9 years ago
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Loraine Author
wrote...

9 years ago
Smart ... Thanks!
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Yesterday
Thanks
wrote...

2 hours ago
Thank you, thank you, thank you!
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