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Monopolistic competition is similar to perfect competition in that... O a. Firms in both types of market structure engage in non-price competition. O b. Each

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Monopolistic competition is similar to perfect competition in that... O a. Firms in both types of market structure engage in non-price competition. O b. Each firm faces a horizontal demand curve. O c. Neither has significant barriers to entry. O d. Firms in both types of market structures produce a standardised product. O e. Strategic behaviour is common to both market structures

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