In a Monopolistic Competition, each seller delivers a differentiated product which is easily different from its close substitutes. The two main features of Monopolistic Competition are development differentiation and selling expenses.
<h3>What is the connection between product differentiation and monopolistic competition?</h3>
monopolistic competition guides to a market where many firs sell differentiated products. differentiation can arise from aspects of the good or service.
<h3>Why is product differentiation required for monopolistic competition?</h3>
Product differentiation is necessary for monopolistic competition because sellers in monopolistic competitor gain their limited monopoly-like control by making a distinctive product or by convincing customers that their product is different than the competition.
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The answer is true. its a litttle higher
Based on the research of confirmation bias, what Sandy would
likely do is that she will likely seize the dime that she has found in which
will be considered to be an evidence of astrology’s accuracy as she is a true
believer of astrology and this action is what she will likely do based on
confirmation bias.
Aztecs were a Mesoamerican Indian culture that was devastated by Cortez and the Spanish in the 1520s.