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Commerce · Q1496

Economics

Graduate and Post Graduate · Commerce · question 1496

Q1496

Monopolistic competition means-

A.
large number of producers and products are homogeneous
Answer
B.
small number of producers and products are homogeneous
C.
large number of producers with product differentiation
D.
small number of producers with product differentiation

Answer: Option A

Solution

Answer: Option A
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