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The diflerence between monapolstic competition and perfect competition is that in comparison to perfect competition, monopolistic competition has A . fewe firms, no product differentiation,
The diflerence between monapolstic competition and perfect competition is that in comparison to perfect competition, monopolistic competition has
A fewe firms, no product differentiation, price control, and relatively easy, barrierfree entry.
IB more fims, no product ditlerentiation, some price control, and relatively easy, barrierfree entry.
C fower fimis, product differentiation, some price control, and relatively easy but not barrierfree entry
D more fimms, product differentiation, some price control, and relatively easy but not barrierfree entry.
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