Monopolistic competition differs from ________. A. Monopoly because firms cannot set their own price B. Oligopoly because
Question:
Monopolistic competition differs from ________.
A. Monopoly because firms cannot set their own price
B. Oligopoly because firms produce differentiated goods or services
C. Perfect competition because the goods or services produced are differentiated
D. Monopoly because the good produced by each firm has no close substitute
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