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$12\mathrm{.}1.$ What is monopolistic competition?

During the coronavirus pandemic, routine business operations like in$-$office notarization of important documents came to a halt. This created a market for mobile notaries, who would courier important documents from one signer to the next. Mobile notaries advertise based on speed or convenience, and are therefore able to differentiate themselves from their competitors. Becoming a mobile notary is a fairly simple licensing process. Fill in the blanks to complete the statement below about mobile notaries.