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A monopolistic competitor is unlike a monopolist in that: a. it sells in the inelastic portion of its demand curve. b. it earns zero economic

A monopolistic competitor is unlike a monopolist in that: a. it sells in the inelastic portion of its demand curve. b. it earns zero economic profit in the long run. c. price in greater than marginal revenue d. it faces a downward-sloping demand curve.

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