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Monopolistic Competition is different from perfect competition in thatGroup of answer choicesMonopolistic competitors sell differentiated products, while perfect competitors sell identical productsMonopolistic competitors produce where

Monopolistic Competition is different from perfect competition in thatGroup of answer choicesMonopolistic competitors sell differentiated products, while perfect competitors sell identical productsMonopolistic competitors produce where MR=MC but perfect competitors do notMonopolistic competition is characterized by a small number of firms while perfect competition is notMonopolistic competitors sell identical products, while perfect competitors sell differentiated products

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