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    A monopolistic competitor

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    When will a monopolistic competitor go out of business? Also, how can monopolistic competitors maintain high prices?

    © BrainMass Inc. brainmass.com October 9, 2019, 7:04 pm ad1c9bdddf
    https://brainmass.com/economics/monopolies/a-monopolistic-competitor-106921

    Solution Preview

    A monopolistic competitor can go out of the business when the government regulation promotes more competitors ...

    Solution Summary

    A monopolistic competitor is characterized.

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