Question 91 pts- Which of the following is an assumption of monopolistic competition model studied in class?~ Group of answer choices~ Production occurs with increasing returns to scale technology.~ C Firms produce homogeneous outputs.~ There are many firms in the industry. ~ C Each firm faces a perfectly elastic demand curve.~ Question 101 pts~ Which of the following is NOT a characteristic of monopolistic competition?~ The average cost for firms declines as they produce more output.~ Firms produce an identical product. C Firms have some control over their markets.~ Firms have increasing returns to scaled