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Monopolistic competition differs from perfect competition primarily because Group of answer choices A.in monopolistic competition, firms can differentiate their products. B.in monopolistic competition, entry into
Monopolistic competition differs from perfect competition primarily because
Group of answer choices
A.in monopolistic competition, firms can differentiate their products.
B.in monopolistic competition, entry into the industry is blocked.
C.in the long run, a monopolistically competitive firm will make positive economic profits.
D.in perfect competition, firms can differentiate their products.
E.in monopolistic competition, there are relatively few barriers to entry.
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