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Problem 1: Which of coming up next isn't a segment of monopolistic competition?
(A) Countless sellers
(B) No single seller has authority over the market
(C) Horizontal solicitation twist for the firm
(D) Differentiated things
Problem 2: At the point when the interest for most things varies clearly with the change in buyer pay, such things are known as
(A) Normal product
(B) Prestigious product
(C) Complementary product
(D) Inferior product
Problem 3: In example of monopolistic contention, the since quite a while past run amicability cost will be identical to
(A) Marginal pay
(B) Average expense
(C) Marginal expense
(D) Minimum ordinary cost
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