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corie corie
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6 years ago
Which of the following is true for both perfect and monopolistic competition?
A) Firms produce a differentiated product.
B) Firms face a downward sloping demand curve.
C) Firms produce a homogeneous product.
D) There is freedom of entry and exit in the long run.
Textbook 
Microeconomics

Microeconomics


Edition: 8th
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oracledarrenoracledarren
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6 years ago
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