Fbuyers of a monopolistically competitive product feel the products of different sellers are strongly differentiated, then the demand for each seller's product is
a. relatively inelasticb. relatively elasticc. perfectly elasticd. perfectly inelastic

RELATIVELY INELASTIC

Explanation:

MONOPOLISTICALLY COMPETITIVE is a market structure with unrestricted firms entry , many buyers & sellers , selling related but differentiated products, with huge selling costs , imperfect knowledge because of sellers claiming superiority of their product over their competitors .

Eg : Cosmetics Industry  

Elasticity is the responsiveness of demand to its affecting factors (primarily price) .Goods having close substitutes have more elastic demand & goods having no close substitutes have less elastic demand. Such because former ones are easily replaced by cheaper alternatives / replace expensive alternatives but the latter ones cant.

In this market case : If products are slightly differentiated (more similar) , implies that they have close substitutes & hence elastic demand . If products are strongly differentiated (less similar) , implies that they have no close substitutes & hence relatively Inelastic demand .

2b2t

explanation:

2b2t