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17 August, 16:39

Who sets the price in a monopolistic competition?

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Answers (2)
  1. 17 August, 17:27
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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. 17 August, 19:30
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    The firm sets the price in a monopolistic comepetition
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