Monopolistic competition has which advantage compared to pure competition?
A. It provides a greater variety of consumers products
B.It forces companies to sell goods at lower prices.
C. It offers more capital fo expensive research projects
D. It allows fewer new businesses to enter a market.

The costs of the project include but aren't limited to the price of land, engineering, architectural planning, contract services, and other costs and expenses needed to complete the project.

What is Monopolistic Competition?

Monopolistic competition markets should differentiate their products from those of their competitors. Differentiated products make sure that consumers can choose a product from a corporation, for instance, for its unique qualities like the color of the packaging, size, or price.

Thus, the correct option is "C".

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Monopolistic competition has which advantage compared to pure competition? A. It provides a greater variety of consumers products B.It forces companies to sell goods at lower prices. C. It offers more capital fo expensive research projects D. It allows fewer new businesses to enter a market.

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What is Monopolistic Competition?

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Monopolistic competition has which advantage compared to pure competition?
A. It provides a greater variety of consumers products
B.It forces companies to sell goods at lower prices.
C. It offers more capital fo expensive research projects
D. It allows fewer new businesses to enter a market.