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CBSE Class 12-commerce Answered

What are the features of monopolistic competition?
Asked by Topperlearning User | 26 Apr, 2016, 07:51: AM
answered-by-expert Expert Answer

The features of monopolistic market are as follows:

i. Large number of buyers and sellers

ii. Product differentiation

iii. Free entry or exit of firms

iv. Imperfect knowledge

v. Selling cost

vi. High transportation cost

Answered by | 26 Apr, 2016, 09:51: AM
CBSE 12-commerce - Microeconomics
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ANSWERED BY EXPERT ANSWERED BY EXPERT
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Asked by Topperlearning User | 26 Apr, 2016, 07:51: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 26 Apr, 2016, 07:51: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 26 Apr, 2016, 07:51: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 26 Apr, 2016, 07:51: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 26 Apr, 2016, 07:51: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 26 Apr, 2016, 07:51: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 26 Apr, 2016, 07:51: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 26 Apr, 2016, 07:51: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
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