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1. The costs to society imposed by the markup pricing and excess capacity of monopolistic competition are mitigated by __________________.
A. Lower prices than achieved under perfect competition
B. Higher industry output
C. A greater variety of available goods
D. A higher quality of goods
what is the correct answer?
A. Lower prices than achieved under perfect competition
B. Higher industry output
C. A greater variety of available goods
D. A higher quality of goods
what is the correct answer?