Final answer:
Monopolistic competition is the market structure that has the most non-price competition, such as advertising. Firms in monopolistic competition differentiate their products from competitors through advertising, branding, and other marketing strategies.
Step-by-step explanation:
Monopolistic competition is the market structure that has the most non-price competition, such as advertising. In monopolistic competition, firms differentiate their products from those of their competitors in order to attract customers. This can include advertising, branding, packaging, and other forms of marketing.
For example, companies like Coca-Cola and PepsiCo engage in extensive advertising campaigns to create a distinct image for their products and differentiate themselves from their competitors.
Therefore, monopolistic competition is characterized by intense non-price competition, making advertising a prominent feature of this market structure.