One symptom of the inefficiencies associated with monopolistic competition is industry wide excess capacity.

Name: One symptom of the inefficiencies associated with monopolistic competition is industry wide excess capacity.
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Monopolistic competition leads to firms having less control over prices and engaging in non-price competition, which can result in excess capacity as firms try to differentiate themselves from each other. This excess capacity can lead to inefficiencies in the industry.

One Symptom of the Inefficiencies Associated with Monopolistic Competition Is