1. Many FirmsAs a rule, monopolisticallycompetitive markets are notmarked by economies ofscale or high start-up costs,allowing more firms.2. Few Artificial Barriers toEntryFirms in a monopolisticallycompetitive market do notface high barriers to entry.3. Slight Control over PriceFirms in a monopolisticallycompetitive market have somefreedom to raise prices becauseeach firm's goods are a littledifferent from everyone else's.4. Differentiated ProductsFirms have some control overtheir selling price because theycan differentiate, or distinguish,their goods from other productsin the marke
