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MMLU-Pro / 7451 / Is it possible for many firms to sell exactly the same product, and still be in…

Problem

Answer published by the source. Consult the official source to check your work against its answer.

question

Is it possible for many firms to sell exactly the same product, and still be in monopolistic competition?

category

economics

options

  1. Only if the products are not identical
  2. Yes, it is entirely possible
  3. Only possible in perfect competition
  4. No, it is not possible

src

stemez-Economics

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