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1)Discuss the characteristics of monopolistic competition Many Sellers, many Buyers- Differentiated Products- Extensive Knowledge- Free Entry and Free Exit- 2)Examine how monopolistic competition is different

1)Discuss the characteristics of monopolistic competition

Many Sellers, many Buyers-

Differentiated Products-

Extensive Knowledge-

Free Entry and Free Exit-

2)Examine how monopolistic competition is different from perfect

competition.

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