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Why is consumer loyalty to the brand essential in a monopolistic competition? Question 7 Select one: a. High consumer loyalty means the seller can increase

Why is consumer loyalty to the brand essential in a monopolistic competition? Question 7 Select one: a. High consumer loyalty means the seller can increase prices without risking the loss of all its customers. b. High consumer loyalty means the seller can decrease prices without risking the loss of all its customers. c. Both a

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