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A charactenstic shared between monopoly and monopolistic competition is: Maries ouf of O a. No close substitute good is available. O a Profit-maximising quantity occurs
A charactenstic shared between monopoly and monopolistic competition is: Maries ouf of O a. No close substitute good is available. O a Profit-maximising quantity occurs where marginal revenue equals marginal cost (MR = MC), O c No barners to entry to the market O d. Fis make zero economic profit in the long run
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Macroeconomics Principles Applications And Tools
Authors: Arthur O Sullivan, Steven M. Sheffrin, Stephen J. Perez
7th Edition
978-0134089034, 9780134062754, 134089030, 134062752, 978-0132555234
