In which type of market structure do many sellers offer similar but not identical products? Monopoly Perfect competition Oligopoly Monopolistic competition

## Step 1The question is asking us to identify the type of market structure where many sellers offer similar but not identical products. This is a characteristic of monopolistic competition.## Step 2In monopolistic competition, there are many sellers, each offering a product that is similar to but not identical with the products of other sellers. This is different from perfect competition, where all firms sell identical products.## Step 3Monopolistic competition is also different from a monopoly, where there is only one seller, and an oligopoly, where there are a few sellers.