The major difference between perfect competition and monopolistic competition is

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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27. The major difference between
perfect competition and
monopolistic competition is
A. O Number of firms
B. O Differentiated product
C. O Rate of profit
D. O Free exit and entry
Transcribed Image Text:27. The major difference between perfect competition and monopolistic competition is A. O Number of firms B. O Differentiated product C. O Rate of profit D. O Free exit and entry
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