Use your basic knowledge and your understanding of market structures to answer this question. Which of the following companies most closely approximates a monopolistic competitor?

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Subway Sandwiches is the best example of a monopolistic competitor because it operates in a market with many sellers that offer similar but not identical products. In the case of Subway, it competes with numerous other fast-food and sandwich shops, each offering a differentiated product through unique recipes, branding, and customer experience.

Use Your Basic Knowledge and Your Understanding of Market Structures