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fomenos
3 years ago
15

Monopolistic competition means:

Business
1 answer:
rjkz [21]3 years ago
3 0

Answer: Option C

Explanation: In a monopolistic competition market structure, there are many producers selling their products and each product is not a perfect substitute of the other.

The number of producers are large but each operate at a relatively smaller level. The products offered in the market are similar but not identical.

Hence, from the above explanation we can conclude that option C is correct.

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