单项选择题
What will happen if a new company offers a product different frgm those of the existing firm
A.Monopolistically competitive market.
B.Entry of more new firms.
C.The product-variety externality.
D.The business-stealing externality.
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单项选择题
Why is it difficult for public policy to improve the market outcome
A.Because it is difficult to measure the inefficiencies.
B.Because perfectly competitive firms produce identical goods.
C.Because a new firm would offer a product different from those of the existing firms.
D.Because surplus is maximized under monopolistic competition.
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