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Title: What is the difference between perfect competition and monopolistic competition? Post by: Loraine on Jun 21, 2015 What is the difference between perfect competition and monopolistic competition?
A) Perfect competition has a large number of small firms while monopolistic competition does not. B) Perfect competition has barriers to entry while monopolistic competition does not. C) Perfect competition has no barriers to entry, while monopolistic competition does. D) In perfect competition, firms produce identical goods, while in monopolistic competition, firms produce slightly different goods. E) In monopolistic competition, firms produce identical goods, while in perfect competition, firms produce slightly different goods. Title: Re: What is the difference between perfect competition and monopolistic competition? Post by: Smoooth on Jul 29, 2015 Content hidden
Title: Re: What is the difference between perfect competition and monopolistic competition? Post by: Smoooth on Aug 31, 2015 My pleasure :-]
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