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Which of the following statements about types of market or industry is false ? a) There are many firms in both perfect competition and monopolistic

Which of the following statements about types of market or industry isfalse?

a)There are many firms in both perfect competition and monopolistic competition.

b)Costs must be kept as low as possible in both monopolistic competition and monopoly.

c)There may be homogeneous products in both perfect competition and oligopoly.

d)There are barriers to entry in both oligopoly and monopoly.

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