Monopolistic competition is similar to monopoly because A. in both industry structures, long-minus run profits will be equal to zero . both industry...

Monopolistic competition is similar to monopoly because

A.

in both industry structures,

long-minus run profits will be equal to zero

.

B.

both industry structures have

many sellers

.

C.

in both industry structures,

there are barriers to entry

.

D.

in both industry structures,

the firm's demand curve is downward sloping