pipsquad1186 pipsquad1186

15-02-2024
Business

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The monopolistic competitor's demand curve is ________ because of the many buyers and sellers in the market.
1) perfectly elastic because of the many buyers and sellers in the market.
2) downward sloping because of product differentiation.
3) perfectly elastic because of identical products.
4) downward sloping because of the few buyers and sellers in the market.
5) none of the above

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