All of the following characteristics are common to both monopolistic competition and perfect competition except firms act to maximize profit O firms take market prices as given entry barriers into the industries are low the market demand curves are downward sloping All of the following characteris...

The characteristic that is not common to both monopolistic competition and perfect competition is ...

All of the following characteristics are common to both monopolistic competition and perfect competition except firms...

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All of the following characteristics are common to both monopolistic competition and perfect competition except firms...

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