Price elasticity of demand of a product of a firm under monopolistic competition as compared to monopoly is comparatively:

Price elasticity of demand of a product of a firm under monopolistic c

1.	Price elasticity of demand of a product of a firm under monopolistic competition as compared to monopoly is comparatively:
Answer» <html><body><p>Higher<br/>Lower<br/>Same<br/>Can be any of the above</p>Answer :A</body></html>