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Question #48936

Monopolistic competition differs from perfect competition primarily because ?

Options:

A) in monopolistic competition entry into the industry is blocked

B) in monopolistic competition there are relatively few barriers to entry.

C) in monopolistic competition, firms can differentiate their products

D) in perfect competition firms can differentiate their products

Answer: Monopolistic competition differs from perfect competition primarily because in monopolistic competition, firms can differentiate their products.

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