Monopolistic Competition Is Similar To Monopoly Because A In Both Industry Struc
Monopolistic competition is similar to monopoly because
A.
in both industry structures,
long-minus run profits will be equal to zero
.
B.
both industry structures have
many sellers
.
C.
in both industry structures,
there are barriers to entry
.
D.
in both industry structures,
the firm’s demand curve is downward sloping
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