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Non-Competitive Markets — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsNon-Competitive Markets1 Mark
Question
Which features of monopolistic competition are competitive in nature?
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Answer

The features of monopolistic competition, which are competitive in nature are:
  1. Large number of sellers.
  2. Freedom of entry and exit.

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