Question: content area top Part 1 Which statement is true? Question content area bottom Part 1 A. Oligopoly demand is more elastic than for perfect competition.

content area top Part 1 Which statement is true? Question content area bottom Part 1 A. Oligopoly demand is more elastic than for perfect competition. B. Monopolistic competition elasticity of demand is closer to perfect competition than to monopoly. C. Oligopoly demand is more inelastic than for monopoly. D. Monopolistic competition usually has economies of scale. E. Monopolistic competition pricing power is closer to monopoly than to perfect competition

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