Monopolistic competition is a form of market in which there are large number of sellers of a product with each seller selling ______.

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Monopolistic competition is a form of market in which there are large number of sellers of a product with each seller selling differentiated products which are close substitutes to the product of others. Explanation: In monopolistic competition, there are many sellers offering differentiated products, which are similar but not identical. These products serve as close substitutes for each other.

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