Question

One important difference between monopoly and monopolist competition is the

Answer 1

Answer:

It's answer is

Explanation:

point there are no barriers to entry in monopolistic competition whereas there are barriers to enter in monopoly.

Answer 2

Answer:

One important difference between monopoly and monopolistic competition is the A) point there are no barriers to entry in monopolistic competition. B) greater restriction of output in monopolistic competition. C) result that the marginal revenue and demand curves are the same for a monopoly.

Explanation:

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