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In Monopolistic Competition There Are Many Small Sellers,each Offering Basically

question 136

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In monopolistic competition there are many small sellers,each offering basically the same good or service.


Definitions:

Accurate

Correct in all details; exact.

Variables

Elements or factors that can change and affect the outcomes of scientific research or experiments, including independent, dependent, and control variables.

Consistency of Behavior

The degree to which an individual's actions, reactions, and behaviors remain stable over time.

Research

Exploration of the unknown; finding out something that nobody knew before one discovered it.

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