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nguyenduong67 nguyenduong67
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7 years ago
Monopolistically competitive markets are different from perfectly competitive markets because in monopolistically competitive markets firms
A) have some control over price, while in perfectly competitive markets firms have no control over price.
B) sell a standardized product, while in perfectly competitive markets firms sell a differentiated product.
C) face substantial barriers to entry, while in perfectly competitive markets firms face no significant barriers to entry.
D) have no control over price, while in perfectly competitive markets firms have some control over price.
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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tristiontristion
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7 years ago
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nguyenduong67 Author
wrote...

7 years ago
Correct Slight Smile TY
Ivansitospeed@g
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Yesterday
Good timing, thanks!
kobbhy
wrote...

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