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Which market structure predominantly uses product differentiation to attract consumers? A. Oligopoly B. Perfect competition C. Monopoly D. Monopolistic competition

Megan Page

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Roger Moore on September 26, 2018

The question is asking for the structure of the market predominantly uses product differentiation to attract consumers?and the answer is D. Monopolistic competition. An example of monopolistic competition is the market of higher education. Harvard and MIT have different courses, so they provide different products, but competing for the same students. This is the monopolistic competition.


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