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Author Question: ________ firms use a product differentiation strategy to achieve market power. (Read 99 times)

mcmcdaniel

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Question 1

In a(n) ________ industry, firms are small relative to the total market.


◦ monopolistic
◦ monopolistically competitive
◦ oligopolistic
◦ Both monopolistically competitive and oligopolistic are correct.

Question 2

________ firms use a product differentiation strategy to achieve market power.


◦ Monopolistically competitive
◦ Monopolistic
◦ Oligopolistic
◦ Perfectly competitive


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Marked as best answer by mcmcdaniel on Apr 19, 2019

elyse44

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mcmcdaniel

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Reply 2 on: Apr 19, 2019
Gracias!


flexer1n1

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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