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Masteriza [31]
3 years ago
7

An example of a product with a monopolistically competitive market is

History
1 answer:
Nana76 [90]3 years ago
5 0

examples of industries with market structures similar to monopolistic competition include restaurants, cereal, clothing, shoes, and service industries in large cities. Clothing: The clothing industry is monopolistically competitive because firms have differentiated products and market power.

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