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Which of the following are costs that are incurred due to an industry being in monopolistic competition? Group of answer choices The research & development
Which of the following are costs that are incurred due to an industry being in monopolistic competition? Group of answer choices The research & development costs necessary in order to differentiate the product. The higher costs of production resulting from not being productively efficient. The advertising costs that often come with differentiation. The deadweight loss resulting from not being allocatively efficiency
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