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In a monopolistically competitive market, having a large number of firms in the market means that Select one: O a. individual firms will have a
In a monopolistically competitive market, having a large number of firms in the market means that Select one: O a. individual firms will have a large portion of the market giving them monopoly power. O b. no firm attempts to take into account the reaction of rival firms. O c. firms will cooperate with each other to drive competitors out of the market. 0 d. firms will get together and collude because this will be the only way to eam monopoly profits
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