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22-07-2020
Business

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Classify each statement about types of market structure as either true or false. Monopolies produce differentiated products.

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Parrain Parrain

24-07-2020

Answer: False

Explanation:

Monopolies do not produce differentiated products, they produce unique products. This is because they are the only supplier of the goods in question and as such do not need to differentiate their goods to have a sales advantage.

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