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Assignment: Chapter 01: Assignment Questions 9781337386975 PHK Chapter 1 Homework CE2.16m 12. o Which of the following is true about monopolistic competition? 13 O a. In monopolistic competition there are many buyers along with a relatively large number of s O b. In monopolistic competition, one seller dominates the market selling a product and controlli О c. A monopolistic competition market situation gives rise to sellers attempting to satisfy differen d. A monopolistic competition market is very difficuit to enter due to the control of one seller ov 14. 15. 6. 9781337386975 PHK Chapter 1 Homework CE2.16m

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