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Author Question: Firms in monopolistic competition charge prices that are ________ those of the other firms in the ... (Read 81 times)

jon_i

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on: Jun 29, 2018
Firms in monopolistic competition charge prices that are ________ those of the other firms in the market.
 
  A) close to
  B) very different from
  C) the same as
  D) completely unrelated to

Question 2

In the above figure, a price of 15 per dozen for roses would result in
 
  A) equilibrium.
  B) a shortage.
  C) a surplus.
  D) downward pressure on prices.


jesse.fleming

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

A

Answer to Question 2

B


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