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Which of the following is an accurate description of a monopolistically competitive market? Firms sell identical and interchangeable products. There are zero barriers to entry

Which of the following is an accurate description of a monopolistically competitive market?

Firms sell identical and interchangeable products.

There are zero barriers to entry into or exit from the market.

Firms sell similar but differentiated products.

Advertising has no impact on the market.

Firms can earn positive economic profits in the long run.

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