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In regards to economic efficiency in the long run, economists expect a monopolistic competitive industry to: O Achieve approximately the same level of efficiency as

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In regards to economic efficiency in the long run, economists expect a monopolistic competitive industry to: O Achieve approximately the same level of efficiency as an oligopoly O Achieve less efficiency than pure competition, but offer consumers more choices O Achieve the same level of efficiency as pure competition O Demonstrate less efficiency than an industry dominated by one firm Previous

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