Monopolistically competitive markets differ from perfectly competitive markets d

Question

Monopolistically competitive markets differ from perfectly competitive markets due to
(i) the number of sellers. (ii) the barriers to entry. (iii) the product differentiation among the sellers. Answer (i) only (iii) only (i) and (iii) only (ii) and (iii) only Monopolistically competitive markets differ from perfectly competitive markets due to
(i) the number of sellers. (ii) the barriers to entry. (iii) the product differentiation among the sellers. Monopolistically competitive markets differ from perfectly competitive markets due to
(i) the number of sellers. (ii) the barriers to entry. (iii) the product differentiation among the sellers. (i) (ii) (iii) (i) only (iii) only (i) and (iii) only (ii) and (iii) only (i) the number of sellers. (ii) the barriers to entry. (iii) the product differentiation among the sellers.

Explanation / Answer

(iii) only

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