A monopolistic competitor's demand curve is _____
A) perfectly elastic.
B) less elastic than a monopolist's or oligopolist's but more elastic than a perfect competitor's demand curve.
C) as elastic as an oligopolist's demand curve.
D) more elastic than a monopolist's or oligopolist's but less elastic than a perfect competitor's demand curve.
E) perfectly inelastic.
Correct Answer:
Verified
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