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Business, 22.11.2019 03:31 iceecole6570
Do consumers benefit in any way from monopolistic competition relative to perfect competition? compared to perfect competition, when a consumer purchases a product from a monopolistically competitive firm, the consumer benefits from purchasing a product
a. without coercion from advertising.
b. that is more closely suited to their tastesis more closely suited to their tastes.
c. whose marginal benefit to that consumer equals its marginal cost of production.
d. that is not trademarkedthat is not trademarked.
e. whose price equals marginal costwhose price equals marginal cost.
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