Which of the following characteristics is shared by both monopolistically competitive markets and perfectly competitive markets?

Question

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Both monopolistically competitive markets and perfectly competitive markets have no barriers to entry, meaning that new firms can easily enter the market. However, in monopolistically competitive markets, firms have some degree of control over the price of their products, and products are not identical, while in perfectly competitive markets, firms are price-takers and products are identical. Monopolistically competitive markets also have a larger number of relatively independent sellers compared to perfectly competitive markets, where there are typically a large number of small firms. Lastly, firms in monopolistically competitive markets face a slightly downward-sloping demand curve, while firms in perfectly competitive markets face a perfectly elastic demand curve.

Which of the Following Characteristics Is Shared by Both Monopolistically