A distinguishing characteristic of monopolistic competition is that there are many firms in an industry.
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Q98: Q99: An In the News article titled "Selling Q100: In monopolistic competition,a firm Q101: Cross-price elasticity is very low in monopolistic Q102: The monopoly aspect of monopolistic competition is Q104: A World View article titled "The Best Q105: Concentration ratios for monopolistically competitive markets typically Q106: Firms in a monopolistically competitive market make Q107: According to the article "What's Behind Starbucks' Q108: Brand loyalty makes the demand curve facing
A)Uses marginal cost pricing.
B)Uses
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