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True/False

Use the following to answer question: Use the following to answer question:   -Shops that sell live bait to people in Alabama may be monopolistically competitive if there is product differentiation and differentiation by location.
-Shops that sell live bait to people in Alabama may be monopolistically competitive if there is product differentiation and differentiation by location.


Definitions:

Break Even

The point at which total costs and total revenue are equal, resulting in no net loss or gain.

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