The demand curve facing a monopolistically competitive firm is more elastic than the demand curve of a monopoly because Close substitutes exist in a monopolistically competitive market People demand less in a monopolistically competitive market than a monopolistic market There are more firms in the monopolistic market Life isn't fair

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The demand curve facing a monopolistically competitive firm is more elastic than the demand curve of a monopoly because: Close substitutes exist in a monopolistically

The demand curve facing a monopolistically competitive firm is more elastic than the demand curve of a monopoly because:

	Close substitutes exist in a monopolistically competitive market
	People demand less in a monopolistically competitive market than a monopolistic market
	There are more firms in the monopolistic market
	Life isn't fair

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