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typical monopolistically competitive market, the relationship Price between product price and the number of firms. This curve is negatively sloped because O) A. more firms

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"typical" monopolistically competitive market, the relationship Price between product price and the number of firms. This curve is negatively sloped because O) A. more firms can overpower and exploit workers, yielding low wages and consequently low prices. O B. more firms give rise to more intense competition, and hence a lower price. O C. a lower price attracts consumers, enabling more firms to enter the market. O D. product quality is "watered down" when there are many firms, thus necessitating a lower price. PP Number of firms, n

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