applefritter18 applefritter18

25-09-2018
Social Studies

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What are two features of monopolistic competition?

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amberlyn67 amberlyn67

25-09-2018

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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