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A monopolistically competitive industry is like a purely competitive industry in that: (Points : 1) each industry produces a standardized product nonprice competition is a feature in both industries neither industry has significant barriers to entry firms in both industries face a horizontal demand curve
Weegy: a horizontal demand curve (More)
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Updated 1/22/2014 5:33:28 AM
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A monopolistically competitive industry is like a purely competitive industry in that: neither industry has significant barriers to entry.
Added 1/22/2014 5:33:25 AM
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An example of a monopolistically competitive industry would be: (Points : 1) Steel Soybeans Electricity
Weegy: The best example would be Steel (More)
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Asked 11/29/2012 9:37:04 PM
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