state the three features of monopolistic competition
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Explanation:
The main features of monopolistic competition are as under:
Large Number of Buyers and Sellers:
Free Entry and Exit of Firms:
Product Differentiation:
Selling Cost:
Lack of Perfect Knowledge:
Less Mobility:
More Elastic Demand:
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Answer:
hey mate their is your answer
Explanation:
The main features of monopolistic competition are as under :
1.largenumber of buyers and sellers:
2.free entry and exit of firms
3.lack of perfect knowledge
Hope it helps u
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