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30 August, 12:06

Who sets the price in a monopolistic competition?

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Answers (2)
  1. 30 August, 12:29
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    The company sets the price because they are the only company selling that product & people will pay whatever price because they are the only company selling that product
  2. 30 August, 12:29
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    The firm sets the price in a monopolistic comepetition
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