Question: Which of the following is not a feature of monopolistic competition?
(a) Numerous sellers
(b) Product differentiation
(c) Numerous buyers
(d) Homogenous products
Answer: (d) Homogenous products
Question: Which of the following is not a feature of monopolistic competition?
(a) Numerous sellers
(b) Product differentiation
(c) Numerous buyers
(d) Homogenous products
Answer: (d) Homogenous products
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