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Consider the monopolistically competitive market structure, which has some features of pure competition and some feature of pure monopoly.

A monopolistically competitive market departs from a purely competitive market because? ___________

a. films can make positive economic profit in the long run

b. there are many sellers

c. there are few sellers

d. each seller offers a somewhat differentiated product

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M91229920

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