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Economics

Which set of characteristics below best describes the basic features of monopolistic competition?

a. Easy entry, many firms, and standardized products

b. Barriers to entry, few firms, and differentiated products

c. Easy entry, many firms, and differentiated products

d. Easy entry, few firms, and standardized products

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M91234473

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