Question

An model of a monopolistically competitive company is

a.

Farmer Jones's wheat farm

b.

Post Breakfast Cereals

c.

TCI Cablevision, a supplier of cable T.V. services

d.

T.J.'s Clothes, a local retail clothing store

Answer: (d).T.J.'s Clothes, a local retail clothing store

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Q. An model of a monopolistically competitive company is

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