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3 March, 18:25

The monopolistically competitive seller's demand curve will become more elastic the:

A) more significant the barriers to entering the industry. B) greater the degree of product differentiation. C) larger the number of competitors. D) smaller the number of competitors.

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Answers (1)
  1. 3 March, 18:36
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    C) larger the number of competitors.

    Explanation:

    The more elastic because there are many sellers and the more substitutes for the product are available in the market.
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