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Question 23

In long-run, one of the characteristics of monopolistic competitive firms is that they?

  • A.suffer losses
  • B.collude with each other
  • C.make abnormal profits
  • D.make normal profits
Objective

Question details

Exam body
NDA
Subject
Economics
Year
2015/2016
Question no.
#23
Type
Objective
Previous · Q22A typical feature of a market economy is that Next · Q24 Per Capita Income in any African country is measured by

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