Business, 14.04.2020 22:18 nehemiahj8

In a market characterized by monopolistic competition, . a. producers do not have to consider the reactions of rival firms. b. the many competitors will focus on product differentiation. c. everyone is a price taker. d. government often encourages consolidation to reduce the number of competitors. e. price controls may be implemented.

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In a market characterized by monopolistic competition, . a. producers do not have to consider the re...