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17 Oct 2018

9) Of the following, which is a way in which monopolistic competition differs from perfect competition? a) b) c) There are more sellers in a market characterized by monopolistic competition. It is easier for sellers to enter a market/industry characterized by monopolistic competition, In a market characterized by monopolistic competition, a few businesses have some control over price. None of the above.

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Jean Keeling
Jean KeelingLv2
17 Oct 2018
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The competitive threat that outsiders will enter a market is weaker when
 
A)financially strong industry members send strong signals that they will launch strategic initiatives to combat the entry of newcomers. 
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