Business, 06.03.2020 18:58, nickyacoub65

Sort the following outcomes of product differentiation by whether they are costs or benefits of monopolistic competition

(1) prices set above the marginal costs of production
(2) increased variety
(3) competition based on location
(4) long-run production at a point tangent to the average total cost (ATC)curve
(5) competition based on quality

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Sort the following outcomes of product differentiation by whether they are costs or benefits of mono...