Which of the following is an advantage to society of monopolistic competition?

A) production at the lowest possible average cost
B) product variety
C) only essential costs are incurred
D) long-run profitability
E) The firms have excess capacity so they are are always willing to increase their production.

B

Economics

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a. True b. False Indicate whether the statement is true or false

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a. True b. False Indicate whether the statement is true or false

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