Which statement is true? a) Most firms in the United States are monopolistic competitors. b) Most firms
Question:
Which statement is true?
a) Most firms in the United States are monopolistic competitors.
b) Most firms in the United States are perfect competitors.
c) Most consumers would prefer lower prices and less product differentiation.
d) None of the above.
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The correct statement is a Most firms in the United States are ...View the full answer
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Muhammad Salman Alvi
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