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What is the distinguishing feature of a market structure with monopolistic competition?

A) product reliability
C) product differentiation
B) lower product prices
D) government-approved products

1 Answer

3 votes

Answer:

look below

Step-by-step explanation:

Monopolistic competition is a market structure defined by four main characteristics: large numbers of buyers and sellers; perfect information; low entry and exit barriers; similar but differentiated goods.

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