Question: Pure competition or pure monopoly industries will tend to be one-price industries. Monopolistic competition, however, is a multiprice industry. Explain.

Pure competition or pure monopoly industries will tend to be one-price industries. Monopolistic competition, however, is a multiprice industry. Explain.

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Pure competition or pure monopoly industries will tend to be one-price industries. Monopolistic competition, however, is a multiprice industry. Explain.

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