Question: One difference between perfect competition and monopolistic competition is that Select one: a. In perfect competition, firms produce slightly differentiated products. b. Monopolistic competition has

One difference between perfect competition and monopolistic competition is that

Select one:

a. In perfect competition, firms produce slightly differentiated products.

b. Monopolistic competition has barriers to entry.

c. A perfectly competitive industry has fewer firms.

d. Firms in monopolistic competition face a downward-sloping demand curve.

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