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23 Nov 2018
2) One factor that distinguishes a monopoly from monopolistic competition is that A) barriers to exit exist in monopolistic competition. B) firms in monopolistic competition practice collusion. C) firms are price-takers in monopolistic competition. D) no barriers to entry exist in a monopoly. E) close substitutes are available in monopolistic competition.
2) One factor that distinguishes a monopoly from monopolistic competition is that A) barriers to exit exist in monopolistic competition. B) firms in monopolistic competition practice collusion. C) firms are price-takers in monopolistic competition. D) no barriers to entry exist in a monopoly. E) close substitutes are available in monopolistic competition.
Elin HesselLv2
23 Nov 2018
