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The more elastic the monopolistic competitors demand curve is the, a. Lower the publics awareness...

The more elastic the monopolistic competitors demand curve is the,
a. Lower the publics awareness of price differences
b. None of the above
c. Greater the difficulty in duplicating the product
d. Fewer the number of competitors
e. Easier it is for firms to enter the market and duplicate the product?
In Economics
2 Answers Available
Asked by Borrison on 25th May, 2019
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WAEC May/June 2024 - Practice for Objective & Theory - From 1988 till date, download app now - 99995
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
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WAEC offline past questions - with all answers and explanations in one app - Download for free
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
WAEC May/June 2024 - Practice for Objective & Theory - From 1988 till date, download app now - 99995