Nisha sharma Asked a Question
September 29, 2021 10:40 pmpts 30 pts
why there is highly elastic demand in monopolistic competition
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  • Nisha sharma
    thanks mam🙏🤗🥰
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  • Rucha rajesh shingvekar thankyou
    Due to the range of similar offerings, demand is highly elastic in monopolistic competition. In other words, demand is very responsive to price changes. If your favorite multipurpo...
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