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Goods that are sold in monopolistic competitive markets are all exactly the same

2 Answers

4 votes
This would be false. Hope this helps you didnt state if this was T/F.
User Jthulhu
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7 votes

In monopolistic competition, there are few barriers to entering the market.

Competition happens based on features and branding

Producers provide goods that are different from their competitors' goods.

User Jesse Earle
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