Which of the following types of firms is most likely to be a monopolistic competitor?

Question

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A restaurant is most likely to be a monopolistic competitor because it operates in a market with many sellers offering differentiated products, which is a key characteristic of monopolistic competition. Local telephone companies and automobile manufacturers typically face different market structures, such as monopoly or oligopoly, due to higher barriers to entry and fewer competitors.

Which of the Following Types of Firms Is Most Likely