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Author Question: All of the following are assumptions of monopolistic competition EXCEPT A) many buyers and ... (Read 58 times)

colton

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on: Jun 29, 2018
All of the following are assumptions of monopolistic competition EXCEPT
 
  A) many buyers and sellers.
  B) homogeneous product.
  C) easy entry of new firms in the long run.
  D) profit-maximizing behavior.

Question 2

Positive statements can contain
 
  A) opinions and conditions.
  B) facts and predictions.
  C) a mixture of facts and opinions.
  D) logical arguments mixed with statements of opinion.


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Joy Chen

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


colton

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

essyface1

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

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