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Which set best describes the basic features of monopolistic competition? a.Easy entry, few firms, and standardized products b.Easy entry, many firms, and differentiated products c.Barriers

Which set best describes the basic features of monopolistic competition?

a.Easy entry, few firms, and standardized products

b.Easy entry, many firms, and differentiated products

c.Barriers to entry, many firms, and standardized products

d.Barriers to entry, few firms, and differentiated products

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