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sinerus sinerus
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7 years ago
The word "competition" in the label "monopolistic competition" refers to the fact that
A) firms vie against each other to get customers to buy their version of the product.
B) there are very few firms producing in the market.
C) firms have no control over the price they charge.
D) none of the above
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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Quinn1981Quinn1981
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7 years ago
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