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It is assumed that the cost curves of all the firms in themonopolistic competition are

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Question:

It is assumed that the cost curves of all the firms in themonopolistic competition are

A.

Different due to product differentiation

B.

Never considered in equilibrium

C.

Never formulated

D.

Same in spite of product differentiation

Answer» d. Same in spite of product differentiation

Note: The above multiple-choice question is for all general and Competitive Exams in India.