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Ierofanga [76]
4 years ago
12

What are two features of monopolistic competition?

Social Studies
1 answer:
Talja [164]4 years ago
8 0

1. Large number of buyers and sellers

2. Free entry and exit of firms

3. Product differentiation.

4.selling cost

5. lack of perfect knowledge.

6. Less mobility

7. More elastic demand.

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