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1 (10 points) Monopolistic competition is an industry characterized by a: small number of firms producing identical products, with barriers to entry for O firms.

1 (10 points) Monopolistic competition is an industry characterized by a: small number of firms producing identical products, with barriers to entry for O firms. small number of firms producing similar products, with relatively easy entry for firms. large number of firms producing similar products, with relatively easy entry for O firms . large number of firms producing identical products, with relatively easy entry for firms

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