Monopolistic competition results in allocative
A) Inefficiency and productive efficiency.
B) Inefficiency and productive inefficiency.
C) Efficiency and productive efficiency.
D) Efficiency and productive inefficiency.
Correct Answer:
Verified
Q72: Marginal cost pricing means that
A)Goods are offered
Q73: Which of the following real-world situations is
Q74: Q75: Suppose that an economy wants to eliminate Q76: Monopolistically competitive firms are productively inefficient because Q78: Compared to the outcome under a marginal Q79: Which of the following market structures will Q80: Monopolistic competition results in Q81: Which of the following is not true Q82: 
A)Allocative efficiency.
B)Production efficiency.
C)The wrong
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