question archive Which of the following is the best description of monopolistic competition? a

Which of the following is the best description of monopolistic competition? a

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Which of the following is the best description of monopolistic competition?

a. Easy entry, low markup,

b. Barriers to entry, high markup,

c. Horizontal demand curve for the firm,

d. Firm has no control over price,

e. Barriers to entry, low markup.

Option 1

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