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Business, 17.04.2020 00:00 garcser257278

Which of the following characteristics applies to a monopolistically competitive industry? A. There are very few firms in the industry. B. Firms in the industry each control a large share of the market. C. Firms act independently of each other. D. Collusion is common.

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Which of the following characteristics applies to a monopolistically competitive industry? A. There...
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