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Question: For consumers, what is a benefit of a market being monopolisticly competitive opposed to being pe...

Show transcribed image text For consumers, what is a benefit of a market being monopolisticly competitive opposed to being perfectly competitve? Prices are usually lower in monopolisticly competitive markets. There is less variety of products in monopolisticly competitive markets. Monopolisticly competitive markets typically have fewer sellers. There is more variety of products in monopolisticly competitive markets.

For consumers, what is a benefit of a market being monopolisticly competitive opposed to being perfectly competitve? Prices are usually lower in monopolisticly competitive markets. There is less variety of products in monopolisticly competitive markets. Monopolisticly competitive markets typically have fewer sellers. There is more variety of products in monopolisticly competitive markets.