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Business, 27.11.2019 02:31 keyonnaallen2004

Which of the following is not true of monopolistic competition?
a)  firms can compete on price and quality.
b)  there is free entry and exit.
c)  there are a large number of firms.
d)  firms produce a good that is a perfect substitute for their competitors' goods.

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Which of the following is not true of monopolistic competition?
a)  firms can compete...

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