Economy, asked by sweetyng6546, 1 year ago

State threw characteristics of monopolistic competition. Which of the characteristics separates it from perfect competition and why?

Answers

Answered by Himanshusachdeva

Three chracteristics are
1. Large no. Of buyers and sellers
2. Product Differentiation
3. Selling cost

Chracteristics separates are
1. Product differentiation
2. Selling cost

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