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Author Question: Monopolistically competitive firms use a(n) ________ strategy to achieve market power. (Read 79 times)

jerry coleman

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Question 1

In a monopolistically competitive industry


◦ firms are large relative to the total market.
◦ firms are small relative to the total market.
◦ firms can be either large or small relative to the total market.
◦ there is only one firm.

Question 2

Monopolistically competitive firms use a(n) ________ strategy to achieve market power.


◦ product differentiation
◦ dominant
◦ maximin
◦ opportunistic behavior


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Marked as best answer by jerry coleman on Apr 19, 2019

mtmmmmmk

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jerry coleman

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Reply 2 on: Apr 19, 2019
:D TYSM


kishoreddi

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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