Monopolistic competition involves

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Reference no: EM131676052

1. Monopolistic competition involves:

many firms competing against each other

many firms colluding with each other

few firms competing against each other

few firms colluding with each other

2. Which of the following helps to pave the way for the emergence of oligopolists?

open entry

product homogeneity

high-quality products

government patents

Reference no: EM131676052

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