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One of the essential conditions of Monopolistic competition is

+3 votes

asked Mar 14, 2019 in Class 12 by kratos

One of the essential conditions of Monopolistic competition is

(a) Many buyers but one seller (b) Price discrimination (c) Product differentiation (d) Homogeneous product

class-11
price determination
market structure and pricing
forms of market
class-12

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1 Answer

+6 votes

answered Mar 30, 2020 by kratos

Best answer

(c) Product differentiation

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