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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.
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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