Which of the following statements best describes the outcome under monopolistic competition ?

A. In monopolistic competition there are too few firms and each firm produce a slightly different product at scale that is greater than optimal

B. In monopolistic competition there are too many firms and each firm produce a slightly different product at the optimal scale

C. In monopolistic competition, there are too many firms and each firm produce a slightly different product at a scale that is less than optimal

D. in monopolistic competition there is the correct number of firm and each firm produces a slightly different product at an optimal scale.

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