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Loraine Loraine
wrote...
Posts: 4563
8 years ago
What does monopolistic competition have in common with perfect competition?
A) a large number of firms and freedom of entry and exit
B) a standardized product
C) product differentiation
D) the ability to earn an economic profit in the long run
E) barriers to exit but no barriers to entry
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 310 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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Answer verified by a subject expert
VincenzoDVincenzoD
wrote...
Top Poster
Posts: 1913
8 years ago
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Loraine Author
wrote...

8 years ago
Smart ... Thanks!
wrote...

Yesterday
Just got PERFECT on my quiz
wrote...

2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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