The definition of monopolistic competition differs from that of perfect competition with respect to ______________.
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Q28: Q90: You could conclude that Q136: Q137: A monopolistic competitor takes a loss only Q140: Monopolistic competition is similar to monopolies in Q142: The monopolistic competitor is _ efficient than Q143: If new firms enter a monopolistically competitive Q144: Product differentiation takes place in the _. Q145: In the short run,the profitability of monopolistic Q146: Peak efficiency _ achieved under monopolistic competition.
A)new firms will enter
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