Customers of Monopolistically Competitive Firms Will Pay More for Products

Customers of monopolistically competitive firms will pay more for products than they would if the same products were sold in a perfectly competitive market structure. The higher price

A) represents the inefficiency of this market structure.
B) represents the value that consumers place on product differentiation and innovation.
C) results because firms face perfectly elastic demand.
D) represents the cost burden from significant barriers to entry.