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Under monopolistic competition, prices are ______ marginal costs, which lead to ______. a. below; economic inefficiency b. below, economic efficiency c. above; economic efficiency d.

  1. Under monopolistic competition, prices are ______ marginal costs, which lead to ______.

a.

below; economic inefficiency
b.

below, economic efficiency
c.

above; economic efficiency
d.

above; economic inefficiency

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