22) Both a competitive industry and a monopoly: A. Face downward-sloping market demand curves. B. Produce products

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22) Both a competitive industry and a monopoly: A. Face downward-sloping market demand curves. B. Produce products that have many identical substitutes. C. Maximize profit per unit where P = MC. D. Use marginal cost pricing

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22) Both a competitive industry and a monopoly: A. Face downward-sloping market demand curves. B. Produce products

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