The price that a monopolistically competitive firm will charge depends on what its competitors charge.
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Q130: Q131: Consumers benefit from monopolistically competitive markets because Q132: Q133: What is "competitive" about a monopolistically competitive Q134: In monopolistically competitive industries, firms find it Q136: Suppose that A Cleaner World invents a Q137: An example of a monopolistically competitive industry Q138: Some monopolistically competitive firms differentiate their products Q139: What is "monopolistic" about monopolistic competition? Q140: The market for chicken used to be![]()
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