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Next question
Select the correct answer.
Which statement is false?
O A.
A monopoly sells lower-quality products at higher prices than in a perfect competitio
B.
Natural monopolies are necessary to avoid wasteful duplication of resources.
O c.
The start-up costs in a monopolistically competitive industry are low.
O D.
O E.
The start-up costs in a monopolistically competitive industry are low.
Homogeneous products leave consumers with no choice.
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