In comparing monopolistic competition to perfect competition,one can conclude that the lack of free entry is the key to having the ability to set price.

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Free entry is the key to driving long-run profit to zero.The key to price-setting ability is the downward-sloping demand curve.This can,in general,result from having few firms,but is due to product differentiation when considering monopolistic competition.

In Comparing Monopolistic Competition to Perfect Competition,one Can Conclude That