Question: 83) Perfect competition differs from monopolistic competition primarily because A) in perfect competition, firms have homogeneous products. B) in perfect competition, price is a decision
83) Perfect competition differs from monopolistic competition primarily because
A) in perfect competition, firms have homogeneous products.
B) in perfect competition, price is a decision variable.
C) in monopolistic competition, entry into the industry is limited.
D) in monopolistic competition, there are many firms in the industry.
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