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In determining the price in monopolistic competition:the price to the firm is given by sup

In determining the price in monopolistic competition:the price to the firm is given by sup

In determining the price in monopolistic competition:
 A.the price to the firm is given by supply and demand for the industry.
 B.the firm is a price taker.
 C.the firm applies the marginal decision rule.
 D.A and B are true.

Johnson 08-Nov-2017

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