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Non-Competitive Markets — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsNon-Competitive Markets1 Mark
Question
State any one feature of monopolistic competition.
✓

Answer

  1. Large number of buyers & sellers.
  2. Differentiated product.
  3. Free entry and exit of firms.

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