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Author Question: What does monopolistic competition have in common with perfect competition? (Read 102 times)

Engineer

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on: May 24, 2019
What does monopolistic competition have in common with perfect competition?
◦ a large number of firms and freedom of entry and exit
◦ a standardized product
◦ product differentiation
◦ the ability to make an economic profit in the long run
◦ barriers to exit but no barriers to entry
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by Engineer on May 24, 2019

bigcheese9

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Engineer

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Reply #2 on: May 24, 2019
Thanks


bigcheese9

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Reply #3 on: May 24, 2019
Welcome :)


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