question archive When a monopolized industry becomes monopolistically competitive, consumers pay: A
When a monopolized industry becomes monopolistically competitive, consumers pay: A
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When a monopolized industry becomes monopolistically competitive, consumers pay:
A. less for goods and services, and firms earn lower profits.
B. less for goods and services, and firms earn higher profits.
C. more for goods and services, and firms earn lower profits.
D. more for goods and services, and firms earn higher profits
Option 1
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