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The situation of monopolistic competition is created by
Small number of producers of a commodity
Lack of homogeneity of the product produced by different firms
Imperfection of the market for that product
All of the above
The situation of monopolistic competition is created by Small number of producers of a commodity, Lack of homogeneity of the product produced by different firms and Imperfection of the market for that product.
By: honey kaundal ProfileResourcesReport error
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