The Key Difference(s)between Perfect Competition and Monopolistic Competition Is

The key difference(s) between perfect competition and monopolistic competition is:

A) that a monopolistically competitive firm is a price taker, whereas a perfectly competitive firm is a price maker.
B) that a monopolistically competitive firm is a price maker, the same as a perfectly competitive firm is a price maker.
C) that a monopolistically competitive firm can raise its price and still retain some customers.
D) that if a monopolistically competitive firm raises its price it will lose all customers..

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