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Author Question: What does monopolistic competition have in common with monopoly? (Read 85 times)

james0929

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What does monopolistic competition have in common with monopoly?
◦ a large number of firms
◦ a downward-sloping demand curve
◦ the ability to collude with respect to price
◦ mutual interdependence
◦ barriers to entry


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Marked as best answer by james0929 on May 24, 2019

cam1229

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james0929

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Reply 2 on: May 24, 2019
:D TYSM


Joy Chen

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Reply 3 on: Yesterday
Excellent

 

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