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Monopolistic about monopolistic competition

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Reference no: EM131111000

*** PLEASE ANSWER BOTH QUESTIONS, if you could cite a few websites for the first one***

1. Give examples of industries that are monopolistically competitive. Find the news articles, books which explain these examples.

2. What is "monopolistic" about monopolistic competition? What is "competitive" about a monopolistically competitive market? Please explain.

Reference no: EM131111000

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