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    Question

    Which among the following market structures has the

    highest product differentiation?
    A Monopolistic Correct Answer Incorrect Answer
    B Pure competition Correct Answer Incorrect Answer
    C Oligopoly Correct Answer Incorrect Answer
    D Duopoly Correct Answer Incorrect Answer
    E Monopsony Correct Answer Incorrect Answer

    Solution

    Monopolistic competition involves high product differentiation due to varied products in the market.

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