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What Is a Similarity Between Monopoly and Monopolistic Competition

Question 153

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What is a similarity between monopoly and monopolistic competition

What is a similarity between monopoly and monopolistic competition


A) In both market structures, strategic interactions among sellers are important.
B) In both market structures, there are relatively few sellers.
C) In both market structures, sellers are price makers rather than price takers.
D) In both market structures, product differentiation is important.

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