Monopolistic competition differs from perfect competitionbecause in monopolistic

Question

Monopolistic competition differs from perfect competitionbecause in monopolistically competitive markets a. there are barriers to entry b. all firms can eventually earn economic profits. c.each of the sellers offers a somewhat differentproduct. d.strategic interations between firms are vitallyimportant Monopolistic competition differs from perfect competitionbecause in monopolistically competitive markets a. there are barriers to entry b. all firms can eventually earn economic profits. c.each of the sellers offers a somewhat differentproduct. d.strategic interations between firms are vitallyimportant

Explanation / Answer

d.strategic interations between firms are vitally important

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