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Llanis Llanis
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6 years ago
Perfect competition and monopolistic competition are similar in that firms in both types of market structure will
A) act as price takers.
B) produce a level of output where price equals marginal cost.
C) earn zero profit in the long run.
D) act as price setters.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
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LBCeaLBCea
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6 years ago
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Llanis Author
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6 years ago
Thank you, thank you, thank you!
Butwhy
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You make an excellent tutor!
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Thanks
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