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Loraine Loraine
wrote...
Posts: 4563
9 years ago
In both monopolistic competition and perfect competition,
A) firms sell identical products.
B) there is easy entry and exit.
C) firms are price takers.
D) firms face horizontal demand curves.
E) the marginal revenue curve and the demand curve are the same.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 228 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
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9 years ago
Thanks
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Correct Slight Smile TY
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2 hours ago
Smart ... Thanks!
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