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Describe two features of monopolistic competition that differentiate it from monopoly.
Creativity
The ability to produce original and valuable ideas or solve problems in novel ways.
Innovative Processes
Methods or procedures that introduce novel ideas, workflows, or solutions, often leading to improved productivity, efficiency, or products.
Duties
Obligations or tasks that one is expected or required to perform as part of a role, job, or moral commitment.
Guidelines
A set of recommended practices or instructions designed to guide actions or behavior in specific situations.
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