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5 Aside from advertising, how can monopolistically competitive firms best increase demand for their products? O A. Product differentiation O B. Even more advertising O
5 Aside from advertising, how can monopolistically competitive firms best increase demand for their products? O A. Product differentiation O B. Even more advertising O C. Remodel their retail outlets QUESTION 8 Will the firms in an oligopoly act more like a monopoly or more like competitors if they are not working together? O B. Firms will act more like competitors because their products are so different O C. Firms will generally act more like competitors because, although their products are somewhat different, there are still plenty of substitutes for consumers to choose if prices get too high. O D. No answers are correct
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