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प्रश्न
Fill in the blank with appropriate alternative given below
In ________ market, seller creates products differentiation.
पर्याय
competition
perfect
pure
monopolistic competition
MCQ
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उत्तर
In monopolistic competition market, seller creates products differentiation.
Product differentiation is an important feature of monopolistic competition. It means that the producers in a monopolistic market sell goods that are different from each other; that is, the goods of no two producers will be the same. They may be differentiated in terms of colour, size, fragrance, etc.
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