Dabo$$s Goods is a new small business entering an industry. Which of the following scenarios best demonstrates the industry Dabo entered is monopolistically competitive?

Group of answer choices

Dabo$$s Goods is in an industry with low barriers to entry and high markup.

Dabo$$s Goods has no control over price.

Dabo$$s Goods exhibits a horizontal demand curve.

Dabo$$s Goods is in an industry with high barriers to entry and high markup.

Dabo's Goods is in an industry with low barriers to entry and low markup.