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Author Question: The feature that distinguishes perfect competition from monopolistic competition is that perfectly ... (Read 65 times)

mrsjacobs44

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on: Apr 19, 2019

Question 1

Firms ________ in monopolistic competition due to product differentiation.


◦ have no control over price
◦ have blocked entry
◦ gain control over price
◦ are limited in number

Question 2

The feature that distinguishes perfect competition from monopolistic competition is that perfectly competitive firms are


◦ large relative to the market.
◦ price takers.
◦ able to block the entry of other firms.
◦ unable to differentiate their products.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by mrsjacobs44 on Apr 19, 2019

mistyjohnson

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Reply #1 on: Apr 19, 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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mrsjacobs44

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Reply #2 on: Apr 19, 2019
Excellent


mistyjohnson

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Reply #3 on: Apr 19, 2019
Great! Please up vote :D


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