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In which of the following market models is marginal revenue twice as steep as demand (and below it)? A Pure monopoly,oligopoly,and monopolistic competition. B Pure
In which of the following market models is marginal revenue twice as steep as demand (and below it)?
A Pure monopoly,oligopoly,and monopolistic competition.
B Pure monopoly,oligopoly,and pure competition.
C Pure monopoly only.
D Oligopoly only.
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