Connect with experts and get insightful answers on IDNLearn.com. Our community provides timely and precise responses to help you understand and solve any issue you face.
The difference between monopolistic competition and pure competition is that compared to pure competition, monopolistic competition has fewer firms, product differentiation, some price control, and relatively easy but not barrier-free entry.
In Monopolistic competition, there are many producers and consumers in the marketplace and all firms have a degree of market control.
The difference between monopolistic competition and pure competition is that monopolistic competition has fewer firms, product differentiation, some price control, and relatively easy but not barrier-free entry.
Therefore, C is the correct option.
Learn more about the monopolistic competition here:
https://brainly.com/question/1622043
#SPJ1