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What gives monopolistically competitive firms their pricing power? a. Large number of buyers and sellers b. Free entry and exit c.Product differentiation d.Perfect information true

What gives monopolistically competitive firms their pricing power?

a. Large number of buyers and sellers

b. Free entry and exit

c.Product differentiation

d.Perfect information

true or false

All demand curves slope downward.

Empirical results show worker cooperatives are less productive than traditional firms.

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