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11 Dec 2019
A monopolistically competitive market is described as one in which there are:
1. a few firms producing differentiated products.
2. a large number of firms selling similar, but not identical, products.
3. one large firm and many small firms producing identical products.
4. a few firms producing an identical product.
A monopolistically competitive market is described as one in which there are:
1. a few firms producing differentiated products.
2. a large number of firms selling similar, but not identical, products.
3. one large firm and many small firms producing identical products.
4. a few firms producing an identical product.
Sonal BahlLv10
15 Oct 2020