The difference between monopolistic competition and pure competition is that compared to pure competition, monopolistic competition has :
a. fewer firms, product differentiation, some price control, and relatively easy but not barrier-free entry.
b. fewer firms, product differentiation, some price control, and barrier-free entry.
c. more firms, no product differentiation, no price control, and relatively easy but not barrier-free entry.
d. more firms, product differentiation, some price control, and barrier-free entry.
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The difference between monopolistic competition and pure competition is that compared to pure compet...
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