which statement best explains why consumers might benefit more from monopolistic competition than perfect competition? monopolistic competitors will use fewer resources per unit of output than perfect competitors, so overall output will be maximized. the demand curve for a monopolistically competitive firm follows the law of demand, but the demand curve for a perfectly competitive firm does not. the balance between marginal cost and price in monopolistic competition ensures the optimal level of output will be produced. the benefits of having more variety offsets the losses from differing prices and output.
