| http://www.w3.org/ns/prov#value | - The best examples of monopolistic competition come from retail trade, including restaurants, clothing stores, and convenience stores.CharacteristicsThe four characteristics of monopolistic competition are: (1) large number of small firms, (2) similar, but not identical products, (3) relatively good, but not perfect resource mobility, and (4) extensive, but not perfect knowledge.Large Number of Sma
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