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The elasticity of average revenue curve of the monopolisticcompetitor, depends on

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Question:

The elasticity of average revenue curve of the monopolisticcompetitor, depends on

A.

The extent of product differentiation

B.

The number of firms

C.

Number of buyers

D.

Both A & B

Answer» d. Both A & B

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