From the following, identify the correct statement. a. Firms under monopolistic competition face perfectly inelastic demand curves. b. Firms under monopolistic competition produce and sell products that are complements. c. Firms under monopolistic competition can enter or leave the market with ease in the long run. d. Firms under monopolistic competition act interdependently.Firms that operate in a monopolistically competitive market: a. are price makers and not price takers. b. are price takers and not price makers. c. face many barriers to entry into the market. d. earn economic profit in the long run